The overlapping of 1.0620 was certainly not what we was looking for and the move down to 1.0613 has clearly damaged the case for a continued upward correction. To reinstate a correction case the pair must return above 1.0796 and as long as not doing so a neutral/bearish view persists.
Greek Prime Minister Alexis Tsipras assured European Union creditors at late-night crisis talks in Brussels that his leftist-led coalition would present soon a full set of economic reforms in order to unlock cash t…
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