The EURUSD failed to continue its bearish correction yesterday. The bias is neutral in nearest term. As long as stays inside the bullish channel my overall technical bias remains to the upside but need a clear break and daily close above 1.3485 – 1.3500 to potentially end the bearish correction phase testing 1.3600 or higher. On the downside, we need a clear break back below 1.3430 to keep the bearish correction phase remains strong testing 1.3350/00.
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