LADEEc57
Short

Downward resumption Likely

FX_IDC:EURUSD   Euro / U.S. Dollar
50 0 3
FX:EURUSD             Something is holding down the eurusd             even after Friday's bounce failed to to carry over into Monday's session. What caused the bounce on Friday was not just the weakening numbers in US labour report , but rather a sudden flush down in price for the USDJPY             pair, pushing it to rechallenge the lows made in early March. A breach below 105.75 for USDJPY             will signal a recovery in not only EURUSD             but other commonwealth pairs : USDCAD             , AUDUSD             . Should USDJPY             start a slow recovery from current levels, it's game over for everyone, namely eurusd             and downward resumption would be likely....so controlled, not even funny here.
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