EUR/USD: So far this week each and every day has fallen below theprior day’s low point only to be immediately rejected andending in the upper end of the daily range. The behavior hasleft us with longer and longer downside spikes (from aroundthe mid body point). The behavior is also bullish suggestingthat a bull flag (consolidation to last Thursday’s rally) isunder creation. A move above 1.3685/89 is probably all thatis needed to kick off a new rally.
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