EUR/USD: Once the 1.3879 support gave way the market acceleratedits decline and continued down to the 2011 top line beforehalted. The behavior adds a lot of credibility to our bearishcall from last week (up-thrust top Thu and sellrecommendation Fri) and even more so if also managing toreturn below the former top line and preferably so beforeend March. Near term a marginally new low can be expectedand thereafter to stretch out for the mid body point, 1.3883.Lower the stop from 1.3970 to 1.3949.
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