EUR/USD: The first step of the next attempt to break the 55d ma andJuly support line has now been taken. The bounce from the1.3581 low point should be seen as corrective hence anopportunity to sell. The turn lower is expected from either1.3625 or 1.3645. Once the support is passed the way will bepaved for a decline down into the 233d ma band (alsocorresponding to the double top target).
Read the full report: Technical Alert
SEB
