The USD moved sharply lower yesterday but some pairs are already reversing those moves. On EURUSD we have seen a strong bearish turn in the last two sessions so our view for the EUR remains negative.
On the chart below we can see a three wave move up from 1.0520 that found a top at 1.0747. Note that market is making a bearish impulse from that high, so more weakness could come in the sessions ahead. If we see break of 1.0600 then our attention will be on wave 2) for shorts.
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