EUR/USD/Flows and Orders/Technical Analysis

EUR/USD: Now needs to stay below 1.3080

Big fight at 1.3080 (one investment bank reported EUR 1 billion on the bid) but the bears have finally pushed it through. The pair now needs to stay below the neckline at 1.3080 in order to confirm the double-top technical set-up. Might be tough as more solid bids are reported at regular intervals but lets give it a chance.

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