EUR/USD: Bear Pennant; USD/JPY: Square At Range High & Re-Buy

With a large bear “wedge” and “head & shoulders” top in place in EUR/USD, the pair finally manages to see a break below the 1.3333 recent low, notes Credit Suisse. “This should complete a bearish “pennant” continuation pattern to see a move to the November 2013 low at 1.3295 next,” CS projects….

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