EURUSD: After initially dropping down to 1.3242 the sellers run out ofsteam and was soon, as warned of, replaced by shortcovering. It is of course too early to call for a more profoundupside reaction (1.3430/40) to have started but there aremultiple signs gathering that we are close to such adevelopment (post triangle low, pre-divergence, supportcluster and more). Above 1.3295 will add credibility to adeveloping correction case, below 1.3256 = a new lowbefore a new correction attempt unfolds.
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