EURUSD: It’s not a one way ticket – as it should be during corrections. A bearish candle was added yesterday, but also under 1.2398/94 is needed to conclude that a correctional high is in place. Until then the wider 1.2580/1.2640 zone continues to act as nearby attraction/resistance, possibly to be tested. Current intraday stretches are located at 1.2410 & 1.2535.
Read the full report: Technical Alert
