SEK – no longer best in class. EUR/USD under 1.2605 will be bearish

EURUSD: It seems like the market once again failed to kick start a better correction higher. It’s not over yet, but if breaking back below near-term support at 1.2605/58, the 1.2500 low would end up back in harm’s way. Current intraday stretches are located at 1.2595 & 1.2720.

Read the full report: Technical Alert