$ on a slippery slope, AUDNZD bear trend reaffirmed

EUR/USD: The market is after yesterday’s advance trading a few points higher than wanted, above the mid body point of the bearish candle a fortnight ago, 1.3303. 1.3322, 61.8% of the preceding decline is however a possible turning point for the surge to end (and so is 78.6% at 1.3380). For a move lower to get traction we must return down below 1.3276/82.

Read the full report: Technical Alert

 

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