EURUSD: The anticipated bear flag never reached and broke its confirmation point at 1.1262, on the contrary the move back up above 1.1399 indicated that we were on the wrong footing. A possible outcome is that we now will see a test of the former floor of the falling channel, 1.1535, (alternatively an extended move to 1.1578) and then a new attempt to try to form a correction high.
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