EUR/USD/Flows and Orders/FXWW News/Technical Analysis

EUR/USD: Lack of momentum makes it very hard to trade

  • Clever traders have been playing the 1.3460/1.3560 range;
  • Possible topping formation (see chart) suggests that a break below 1.3450 will accelerate bearish momentum;
  • Chinese buyers have been reported on dips over the last few sessions.

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