EURUSD: The Oct12-21 contracting range looks like a just broken Triangle, in itself targeting 1.2980 (=an alternative correctional objective area in the dailies). To counter this, it wouldn’t be enough to see sellers’ initiative below 1.2731/05 but also under 1.2625/05. Current intraday stretches are located at 1.2725 & 1.2855.
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