Weaker pound and an annoying USD/SEK “UpThrust” noted

EUR/USD: The market closed the session off the session’s best but stillhigh enough to show some kind of near-term demand – inspite of an earlier in the session break below 1.3766 whichindicated a completed correction higher. These twists andturns lead to a directional wasteland within 1.3760 & 1.3880,but with an overall downside tilt. So for this morning it looksbetter to keep an eye on both 1.3825 & 1.3880 forimmediate clues.

Read the full report: Technical Alert

 

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