EUR/USD: Short-term corrective phase underway

EUR/USD has failed to hold over 1.3459. This now suggests scope for a larger corrective phase lower. • Strong supports are given by 1.3257 and by the low of the rising channel. Hourly resistances can be found at 1.3429 (08/02/2013 high) and 1.3494 (06/02/2013 low). • In the bigger multi-week …

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