EURUSD – Euro/dollar retraces
The EURUSD has begun retracing lower over the last two days as the uptrend takes a rest for now. We still consider the uptrend in place whilst this market is trading above 1.3650 on a daily closing basis, as mentioned in this week’s weekly price action outlook, and we can watch for price action buy signals from support as this market rotates lower, in order to trade in-line with the existing uptrend.
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