EUR/USD Follows Through on Bearish Reversal
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-“The break above the resistance line (old support) indicates that behavior has changed. Looks towards 1.1270.”
-“EURUSD reversed at the confluence of a sliding parallel and the 2/25 high. Risk is lower at these levels although a break above (daily close) would point to 1.1530-1.1630.”
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