EUR/USD: The “Inside day” candle printed yesterday points lower forthe day(s) ahead. If letting go of the 8day equilibriummeasure (which shouldn’t be so hard given the overall weaktrend) a sub1.3694 break would be the trigger to tradetowards the mid-1.36s as a handy first objective. Back over1.3693 would upset the intraday bearish setup and leavemore questions than answers.
Read the full report: Technical Alert
SEB