EUR/USD: Slowly but so far not really convincingly the market hasbacked off from the 2008 top line (55d Bollinger bandshigh). It will in fact take a break of 1.3643 to raise confidenceof a peak in place. Breaking yesterday’s low point, 1.3707,will however be a sign of a key support test underwaywhereas a move back above 1.3782 will reinforce the bulls.
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