Forex Technical Analysis on Majors


EUR/USD  Current level – 1.3448 The inner part of the uptrend from 1.3210 is already over and the pair has entered a larger consolidation pattern below 1.3487, before next leg upwards unfolds, toward 1.3860. The intraday bias is bearish for a slide through 1.3425 minor support, towards 1.3377. Major support zone on the downside is 1.3320-40 and crucial on senior frames is 1.3210.

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