EUR/USD: The par was refused more than a blip below the Fiboadjusted short-term “Ichimoku cloud” Fri and there wassome bullish follow-through yesterday too. This pointtowards 11.3775 before down. If not stopping there nor atthe secondary resistance at 1.3821, the downside potentialwill lose some of its glare in this short-term timeframeperspective. Below 1.3695 would confirm that the correctionis past its best and argue for a <1.3672 extension.
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