EUR/USD, USD/JPY: It’s ‘Almost’ Time To Sell – BofA Merrill

The Euro Stoxx Banks Index is on the verge of completing a rather impressive 5.5m Head and Shoulders Top which says some troubles ahead for EUR/USD, says Bank of America Merrill Lynch. “A sustained break of 145.13 confirms the formation, exposing further weakness to 130.52 (pivot since Sep’13),…

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EUR/USD, USD/JPY: It’s ‘Almost’ Time To Sell – BofA Merrill