€ takes a beating. USD/CAD higher. AUD/NZD down.

EUR/USD: With the break of 1.3708 the triangle scenario was abortedcalling for a slightly premature peak to have been set. Thefollowing violation of 1.3684 has further enhanced theprobability of a top been put in place. The slow anemic riseovernight is seen as corrective and should as such turnsouth no later than 1.3715.

Read the full report: Technical Alert

 

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