The euro dollar is moving in a sideways direction, expected to rise from the support area at 1.1223 levels, from which we expect the week’s top to form to target the resistance area at 1.1346 levels.
But in the event that the four-hour candle closes above the level of 1.1373, it is expected that an ascending wave will form to target the second resistance area at 1.1467 levels, from which it is expected to form the top of the week.
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