Dollar correction. AUD heading for a downside break

EURUSD: Yesterday’s spring bottom (false downside break) certainlyargues for having entered an upside correction phase. There’s also a possible bull divergence, however not yetconfirmed, underpinning such a case. Passing 1.3400, themid body point of the latest falling benchmark candle, willfurther enhance a short term bullish picture, calling next for1.3445 to be scrutinized.

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