EUR/USD: The slow rise from the 1.3749 low, the 161.8% Fiboprojection point, has so far followed a corrective path highercreating a bear flag. It is possible that the Friday high at 1.3811 marked the end of the correction but until 1.3766gives way there is still a possibility that 1.3815 or even1.3845 might be seen before resuming the decline. Strategyshould hence be to sell either a move up to 1.3815/45 or abreak of 1.3766.
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