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  • EUR/USD on the Daily chart is still in a Bearish trend with next Bearish target is @ 1.414% Fibonacci level 1.3027 and then 1.618% Fibonacci level 1.2928.
  • The pair is currently creating a Bullish harmonic pattern with Bullish target @ 1.3670.

Conclusion:

I anticipate EUR/USD to remain Bearish in the short-term then consolidate around levels 1.300 - 1.284 before turning Bullish with long-term target @ 1.3670.