During the Draghi's Press Conference yesterday, the pair has triggered a reversal bar on resistance area
, but at the same time, it is maintaining key support. From a technical perspective, the pair created a NEUTRAL AREA. The key level violation (resistance/support) will trigger the next swing.
If you look closely daily chart
analysis (see chart below), we see the same invalidation level of bullish FLAG
DAILY ANALYSIS ( BULLISH FLAG )
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