EURUSD Recovering Initial Losses

Quote of the day: “Hegel was right when he said that we learn from history that man can never learn anything from history.” -�George Bernard Shaw
EURUSD – 1.4418 @07:00 GMT
Good morning. I was wrong yesterday expecting the interim/pivotal resistance at 1.4350 to hold and EUR to extend correction. It has already recovered most of recent losses and is currently establishing support above 1.4350-1.44, so we can keep our eye on recent top which is not far away. Short-term studies are slightly bullish but the pair should hold above 1.4350 in the next trading sessions in order to conserve momentum, therefore Read More

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