Markets still did not go far this week despite some EUR weakness yesterday but this was reversed in the last few sessions. We still see FX in small corrections that will send the USD even higher, while stocks are also turning up, and commodities are falling.
EURUSD is trading slightly up from the recent low but we see this is nothing else than just another correction. It’s probably wave 4 that can look for Resistance around 1.0790 or 1.0820 later today.
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