On the 4 hour chart, the TOBO formation should be followed. FIB 0.786 is an important support point. According to the MACD indicator, back off possibilities are included. Therefore, turquoise support levels should be followed. If there is a "back off", TOBO may come to the agenda.

It is not a investment advice
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FIB 0.786 is still an important support point.
Chart Patternseur-audEURAUDForexforexsignalsfxTechnical IndicatorstoboTrend Analysis

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