By Peter Stoneham — Feb 03 - 03:39 AM
Mild bearish adjustment Tuesday has eased some o/b trend stress
Our 1.3640 bid filled and we are now looking for bullish resumption
14-day positive momentum fading, hints that adjustment not over
Big level for underlying bull trend now 1.3759, Jan 27 high
Our stop is fairly tight, just below 1.3610-11 recent lows
Still a risk to 1.3503, minimum Fibonacci retrace off 1.2676-1.3759
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Source:
Refinitiv IFR Research/Market Commentary