EUR/USD: The potentially bearish “UpThrust” the day before yesterday backfired. Additional gains of late show demand and the yearly high of 1.3711 back in Feb now lies within reach. An undisputed bearish break back below 1.3542 is now needed to see a small crack in the armor of the euro, but also below 1.3562/40 is required to show some sellers’ initiative.
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