Still a bullish eurusd in the sense that what we are having here is a possible b wave out of an X wave of a bigger degree or just a classical zigzag with an impulsive move to come. This impulsive move is mandatory to break the 1.3920 highs and I would say that this should put pressure on the psychological 1.40 level.
The thing is that the tone the pair is having is a clearly negative one, or bearish, but for whatever the reason this area provides quite a nice support.....it remains to be seen if we're closing that gap or not.
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