EUR/USD: The U-turn wasn’t our first bet yesterday. We chose toneglect support at the 8day “Tenkan-Sen” as we thought thecandle formation should take precedence. Yesterday’srenewed bullish print points towards a possible sell in the1.3635\90-area. A bearish looking session close below the”Tenkan-Sen”, currently at 1.3555 would show sellers’initiative and open up for additional losses. 1.3470/55 wouldthen act as attraction/support ahead of the key ref at 1.34.
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