EUR/USD/Technical Analysis

EUR/USD fails to hold below 1.3080

There was a possible double-top on the short-term charts but this continued action back above the neckline would seem to be negating the formation. Perhaps we should give it a bit more time but it seems to me that the bears are trying to force this pair down and are running into very committed buyers. I’m tempted to call the break a ‘fail’ already.

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