EURUSD: The 1.2580 mid-body point held as support yesterday. In the intradailies it is possible to detect and inverted ‘Head & Shoulders’ bottom formation pointing higher – together with the bullish candle added Mon. Violation of resistance at 1.2700 handle would at least target 1.2740/60 (the ‘Head & Shoulders’ asks for more). When the move shows tendency to fade, sellers will likely come back. Forget this selling opportunity should 1.2580 be broken
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