ForexLive Asian market open: EUR unable to maintain any strength

EUR/USD got within 2 pips of those stop-losses we mentioned yesterday above 1.2625 but the fact that it couldn’t trigger them shows how inherently weak it currently is. The bearish technical break in EUR/AUD has been confirmed and the general bearish sentiment on the crosses continues.

Japan’s unemployment and retail sales are on the calendar this morning.

Good luck today.

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