EUR/USD keeps the negative bias – Commerzbank

In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair keeps the negative bias for the time being. Key Quotes “EUR/USD came under increasing downside pressure yesterday, keeping our negative bias entrenched. We recently saw the markets upside correction terminate at the 1.1855 38.2% Fibonacci retracement and the market collapse lower. […]

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