EURUSD: The set up for the, so far elusive, upside correction remainsin place despite a fresh trend lows the past 24h. The wavepattern, the falling wedge and the bullish momentumdivergence are all still warning of a forthcoming reaction butso for without any result. It is possible that stops below1.2740 needs to be triggered before allowing the pair tocorrect. A break of 1.2740 sustained or not, will add moremedium term pressure calling for continued losses downbelow 1.2042 (in 2015).
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