We are going to move our EUR/USD bids a bit lower into 4th wave support to 1.3470. Stops need to be below the 1.3449 wave 1 high from last night, so allow for 1.3445. If we are filled on our bids, I will book partial profits and move the stops to breakeven on an approach of 1.3500.





Todd Gordon is a Technical Currency Strategist and Fund Trader with GAIN Capital Group.

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