EURUSD: Small rebound likely. The 1.3375-50 target/support attracted some responsive buying yesterday, producing a long downside ‘shadow’ in the dailies. This point initially higher for the day today, but resistance in the 1.3405-15 has to be violated to show buyers’ near-term initiative, and if so only for a possible extension towards the fast falling 8day ‘Tenkan-Sen’, now at 1.3445. Only bullishly also through this dynamic ref would be reason to lift sight to a prior low at 1.35
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