ST Technicals Offer Moment of Reflection in EUR-crosses

Euro FX
Short-term technicals may be at odds with long-term perspectives at present moment, putting many of the EUR-crosses on watch for some volatility over the next few days.
Even though portfolio rebalancing and overstretched short positioning may be contributing to the recent rebound, a degree of patience is required before engaging the Euro from the short side once more.

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