By Peter Stoneham — Apr 07 - 09:47 AM
Misjudged the strength of the turn as a second day of big gains unfolds
Our original 0.8640 long target met: premature cut costing us 40-pips
Danger to the long-term bear trend on a cls above 0.8645 Mar 24 high
Big level above and key turning point 0.8730 Feb 26 high
Minimum correction off major 0.9229-0.8472 bear trend is 0.8651
Next Fibo at 0.8761 and key 50% 0.8851
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Source:
Refinitiv IFR Research/Market Commentary