Is the € staging at least a short term comeback?

EURUSD: The next attempt higher took place already on Friday (andwith the passing of 1.3399 the alternative path, the shortterm bear triangle, was blocked) and an impulsive movepushed prices almost up to the first more importantresistance, 1.3445. Underpinned by the now confirmed bulldivergence we however think that there should be moreupside potential than 1.3445 and the mid body point of thelatest falling monthly benchmark candle, 1.3542, looks like aviable target.

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