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Posted by
Two Blokes May 7 -
Filed in
Forex
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2 views
Bounce was so far limited (retraced slightly above 23.6% of 145.92/42.35 bear-leg), with mixed technical studies (daily Tenkan/Kijun-sen in bearish setup 14 -d momentum still in positive territory), but near-term action remains weighed by recent formation of bull-trap on daily chart (above 50% of 151.20/139.88 downtrend / daily Kijun-sen).
