Watching S/T Bounces In EUR/USD, USD/JPY: Levels & Targets – Nomura

EUR/USD has not rallied to form a wave-4 correction and instead continues to extend lower in impulsive decline, notes Nomura. “Prices are moving further from old trendline and pivot support and there’s not yet a sign of waning downside momentum. Our strategic outlook has been and remains bearis…

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Watching S/T Bounces In EUR/USD, USD/JPY: Levels & Targets – Nomura