EUR/USD: The bounce from Tue’s low has become somewhat bigger than initially thought. The recently broken ascending line of support should now work as resistance together with a micro-term 161.8% Fibo projection ref and the 8day “Conversion line” (the rolling 8day high/low average), now at 1.3318. The downside key ref to break to flip this timeframe back into bearish is now located at 1.3233, but 1.3188 is of course also of interest still.
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