EUR/USD: It is unclear whether yesterday’s very marginally (1pip) highmarked the end to the advancing wave from 1.3651 or ifthere’s yet another marginally one left (1.3803ish, theequality point between the Jul/Aug rise and the Sep/currentone). A failed break, a topside spike, above 1.3794 will be asign of an emerging reaction. Prices are outside both the55d as well as the 55w Bollinger bands showing aconsiderable stretch.
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