FXStreet (Barcelona) – Technical Analysts at SEB Group, maintain a downside bias on EUR/USD while the pair trades below 1.1278, as noted by eFXnews.
Key Quotes
“With yesterday’s downside correction out of the way there’s a big question mark over what the next step from here will be. However as long as the hourly pattern with lower highs remains in place (i.e. staying below 1.1278) we will hold a light downside bias.”
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