The classical countertrend rally in EUR/USD is approaching its key- resistance zone between 1.3795/1.3822 (minor 76.4 %/pivot) and 1.3880/93 (monthly trend/last top), notes JP Morgan in a technical note to clients. Such a move, according to JPM, looks massive and will certainly cap the upside i…

Continued here:
Time To Sell EUR/USD Targeting 1.3450 & 1.3130 – JP Morgan
