The Euro reversal has yet to see bullish confirmation via a rally through 1.3675. For now we can view the rally to key resistance as a consolidation that allowed deeply oversold momentum to unwind. (daily) The outlook for completed waves-(1) & (2) is still intact and if that is the case, wave-(3) down is underway. A break of 1.3589 signals weakness as does a move below 1.3557. Resistance is 1.3669/77. (240min) Conviction: Med Levels: Support – 1.3589, 1.3557, 1.3503 Resistance – 1.3669, 1.3677, 1.3734
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