Previously, we wrote; “We continue to see weakness in the Euro and a potential pull-back towards 1.1585 and 1.1573. ”
Despite weakness in momentum, the Euro corrected faintly close towards 1.1585 area, and then managed to push higher to 1.1745.
Now we continue to see the momentum weakness on the bigger picture, but expect another attempt to retest and possibly slightly exceed 1.1745 area temporarily before pulling back lower.
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