EURUSD: The bear triangle yesterday traced out the last sub wave, thee-wave, and should hence now stand ready to plunge lowerto a fresh low. The triangle’s theoretical target is roughly inthe mid 1.32’s but anything below 1.3333 will fulfill theminimum requirement for a completed move. Following thenew trend low there’s a mounting risk of a reaction back tothe triangle’s high area, 1.3416/33.
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