EUR/USD Classical Technical Report 10.10
EUR/USD: Setbacks have stalled out for now by 1.3145 with the market in search of a fresh lower top below 1.3690 ahead of the next major downside extension below 1.3000. Overall, our outlook remains quite bearish and we continue to project deeper setbacks into the lower 1.2000’s over the coming weeks. Ultimately, only back above 1.3690 would delay outlook and give reason for pause.
--- Written by Joel Kruger, Technical Currency Strategist
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