EUR/USD 2 POC Zones for Further Upward Continuation

The EUR/USD is bullish and the retracement is almost completed. We could see a move to the upside soon.

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We can see 2 POC zones. The first zone is 1.2022-40 and it is supported by W L3 and the trendline. The POC2 is 1.1985-1.2015 and is slightly above the W L4 camarilla pivot. A bounce from any of those 2 zones could happen and the target is 1.2170. As long as the pair is kept above 1.1950 the trend is bullish. A break below and the trend is turning bearish.

[fx-image src=/2021/03/word-image-7.png data-zoom-target=https://responsive.fxempire.com/cdn/n/n/_fxempire_/2021/03/word-image-7.png originalWidth=2500 ratio=2.23]

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Cheers and safe trading,

Nenad

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