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EURUSD: Waiting to Get Short

EURUSD: Waiting to Get Short

Ilya Spivak, Head Strategist, APAC

Prices are testing resistance at 1.3460, with a pullback eyeing resistance-turned-support at 1.3321. I would get short on a daily close below the latter level, but any near-term weakness seems corrective, with another leg higher to challenge 1.3660 likely before the bulls capitulate and the downtrend resumes.

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