EUR/USD: Yesterday’s dip down to 1.3164 sent two messages (peak to trough in an hourly chart became a clear three wave corrective pattern and by holding above the 1.3160 support the pattern of rising lows were kept),both short term bullish. Accordingly a new correctional high, 1.3239, was set. The price action overnight also looks corrective so unless breaking 1.3164, 1.3257 or 1.3275 lurking.
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