Price pattern adjustment and returning to a neutral level before weekend. Medium-term view is that we create the right shoulder of inverse H&S over next couple trading days on hourly and rise up to ~1.14 then back down once ECB and FED make their motives known at the end of the month.
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Monthly view is that we trade sideways for next few trading days before an appreciable move up to ~1.14-1.145 then back down (way down) once (more) dovish ECB starts talking at months end.