I believe that US data aside, it will still retrace to the downside before more up side movement in the future. i think buyers are "exhausted" short term.
chartreader_pro
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@reubenroyal, after Powell's comments of yesterday, EUUS is under pressure again. We sold it at 1.14160. This setup is just a technical bearish continuation setup. Fundamentally EURO is one of the weakest ring of the chain in any case:-)