EUR/USD: 1.2694 Key; Cable: Range Breakout Needed

EUR/USD attempts to gain some ground on the upside and to finally reach out for a test of the main T-junction at 1.2959 (minor 38.2 %) keep on failing so far, which shows the inner strength of the still prevailing downtrend, notes JP Morgan. “In order to confirm the resumption of the latter tho…

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EUR/USD: 1.2694 Key; Cable: Range Breakout Needed – JP Morgan

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