We’ve shifted from a buy-the-dips mentality to sell-the-rallies mode in EUR/USD today. Most of the sellers are just trying to pitch unproductive longs rather than setting fresh shorts. Look for fresh shorts to build on a sustained break of uptrend support at 1.3087. Stops are seen at 1.3080; bids return at 1.3065.
Small sellers 1.3120/25; better toward 1.3150
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