$/Scandies in the lead for a stronger dollar.

EUR/USD: Another daily (and weekly) candle added so we’re continuing to build downward pressure. We are now also in the low end of the 1.2796-1.3000 broad support zone with the B-wave low and key support at 1.2796 within reach. A break of the key support will further enhance the bearish outlook aiming next at 1.2661 (en route sub 1.20 levels).

Read the full report: Technical Alert

 

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