EUR: Possibly attempt tiny longs at 1.3950; stop below 1.3840 |
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EUR Comment: Collapsing all the way back down towards September’s low at 1.3882. Expect the Euro to try and form an interim base today so that we have a potential ‘double bottom’ on the chart. Strategy: Possibly attempt tiny longs at 1.3950; stop below 1.3840. Short term target 1.4100, then 1.4400. EUR/JPY Comment: Back down to test September’s low at 147.00 but we doubt we will manage a sustained break lower today. Act cautiously but be ready to re-sell on a weekly close below 148.00. This
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