Although the single currency broke above previous resistance at 1.4349 and edged higher to 1.4380, lack of follow buying and the subsequent retreat suggest the wave 4 correction from 1.2451 has ended at 1.4380 (just faltered below 38.2% Fibonacci retracement of 1.7509-1.2451 at 1.4383) and bearishness remains for weakness to
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