EUR/USD Basing For a Multi-Week Advance
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-“The move is beyond extreme and this week (new month and quarter) is a good time for a relief rally to begin.”
-EURUSD erased Friday’s losses on Monday and near term pattern is constructive. 1.2750 is initial resistance followed by former congestion from 1.2858 to 1.2994.
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