EURUSD: The market last night, after FOMC, printed a high at 1.2602 before retreating back to the mid 1.25’s. Despite the topsidefailure the market continues to progress according thecorrection plan. Short term, with most of the orders up to1.26 cleared, there will possible some consolidation beforemaking the next attempt to move on to 1.2623/40 (en routeeither the 1.2740/90 area or if following the textbook,1.2888).
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