EURUSD: The passage of 1.3295 (Nov 2013 low) paved the way forlower prices and the pair soon arrived at 1.3250, the 38.2%Fibo support of the entire 2012/14 advance and thetheoretical target for the triangle. As triangles normally areoccurring very late in trending moves the risk of a reversalfollowing a triangle breakout is high so we think it is time tostart looking for correctional signs from 1.3250 anddownwards.
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