EUR/USD | Bounce back or further drop? (READ THE CAPTION)

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EUR/USD | Bounce back or further drop? (READ THE CAPTION)EUR/USDOANDA:EURUSDAmirAliTradingGood afternoon folks, AmirAli here, happy new year! As you can see in the 4H chart of EURUSD, after going through the FVG and hitting the Supply zone at 1.18080, EURUSD has been dropping in price and is now being traded at 1.17240. EURUSD has hit the high of the NWOG at 1.17196 twice and went up, and now it is on its way to retest the NWOG zone again. If it bounces back after hitting the NWOG once again, the targets are: 1.17420, 1.17540 and 1.17660. If it goes down through the NWOG, the targets are: 1.17200, 1.17090 and 1.16980.