EUR/USD is in a near-term corrective rally which has already reached its first targets of 1.4435 and 1.4480 . Trader sees further upside risks toward 1.4570 and 1.4685 but says despite this a negative tone will prevail while the latter holds and only a daily close above the 55-day MA at 1.4741 will change this outlook. EUR/USD now at 1.4432.
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