Still looking for a $ rise. Sell the AUD bounce.

EUR/USD: The setup for a move lower is still in place with the falseupside break and bearish divergences in MACD andmomentum indicators (also 9 out of the past 15 Jan’sbecame losers). For today we are watching support in the1.3728-44 area.

Read the full report: Technical Alert

 

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