EUR/USD Turns Trend; Stay Patient On USD/JPY

Bank of America Merrill Lynch’s bullish EUR/USD view was proven incorrect as the impulsive decline from 1.3835 resistance, coupled with the break of 1.3412/1.3452 support says the trend has turned bearish. “Gains should be seen as corrective and limited to 1.3452/1.3548 before resuming lower. D…

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EUR/USD Turns Trend; Stay Patient On USD/JPY – BofA Merrill

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