Technical Alert

USD strength paused – not reversed

EUR/USD: Another loser was added yesterday, but sellers respected the mid-1.28 Fibo combo. A short/shallow correction/consolidation before dropping further seems reasonable. Resistance at 1.2935-43 is a primary cap if correcting from here. A second and stronger resistance area comes in at 1.3019-33. Above 1.3195 is needed to start seeing some upside potential again.

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