EM corrections (not trend-benders) elsewhere mostly consolidation

EUR/USD: The ongoing decline from the recent high (1.3740) lookscorrectional. Intraday conditions would once again bebullish if/when the “B-wave high” at 1.3717 is taken out. Though without extraordinary drivers hitting the orderflow,current stretches (as defined by the distance to the 24hraverage) at 1.3590 & 1.3760 ought to be respected.

Read the full report: Technical Alert

 

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