€ weakness. €/JPY at support. NOK correction.

EUR/USD: With the late decline last week a bearish key week reversalwas created (here seen as a downside continuation pattern)hence enhancing our view of a forthcoming 1.33/34-test. Given the size of Friday’s bearish candle it is likely that aminor reaction will bring the pair up to 1.3555/80 beforecontinuing lower.

Read the full report: Technical Alert

 

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