$ strength losing momentum. NOK soon stronger agn

EURUSD: The drop below 1.2834 became exactly the kind of lowconviction move that one expects to see very late in atrending move, The total absence of follow through sellingtogether with the still persisting bull divergence still makes acase for a completed down sequence hence an even greatercorrection risk than before. Above 1.2889, Friday’s mid bodypoint, will add credibility to an emerging correction andabove 1.2929 it will be confirmed

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