The euro is kept on the back foot

EUR/USD: After two days of losses, buyers have responded at supportnear an earlier ref cluster (1.3472/53), at the high end of theFibo adjusted short-term “Ichimoku cloud” and the lowerend of the 55day moving average band. Fresh resistance at1.3515\35 could be retested before down again. A loss of1.3375 would open up for 1.3295 if you give it a few days toget there.

Read the full report: Technical Alert

 

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