EUR/USD: Bearish Consolidation; USD/JPY: Start Of Wave-3 Rally

The current consolidation in EUR/USD below old support is viewed as just a pause ahead of further weakness and any strength is expected to find resistance at 1.3460/70, notes Nomura. “The key takeaway is that the Euro has shifted trend and a new break of 1.33 will signal a resumption of the sha…

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EUR/USD: Bearish Consolidation; USD/JPY: Start Of Wave-3 Rally – Nomura

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