EUR/USD: The late Feb rise looks impulsive and the decline thereaftercorrectional (and the Mon “Inside Day” did not deliver andmeaningful downside attempt yesterday). But in all essencethe market is parked half way between the up- & downsidestretches (24hr average +/- 0.6%, now at 1.3658 & 1.3823)and a move outside 1.3694-1.3793 is needed to feed freshdirectional thoughts.
Read the full report: Technical Alert
SEB