EURUSD Bullish Reversal

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The EURUSD rally from 1.3258 is in 5 waves, indicating that the trend has turned up.  There is potential support from Fibonacci at 1.3420 if needed.  The next few weeks should see a rally that ends in the 1.40-1.42 zone.  This is the 50-61.8 retracement of the decline from 1.4871.  The levels intersect with a potential resistance trendline on October 31 and November 11.   

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