The EURUSD has broken trendline support at 1.3130 and with it came a wave of selling. The price has moved to the closing level from yesterday at 1.3106. Below that is the 38.2% of the move up from yesterday’s low at the 1.03086. Other support will likely come in against the lows for the day at the 1.3089-94 area. Activity remains light and was confined. So it is not unusual to see some profit taking when some bullishness is taken away (below trendline support).
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