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Sell posted to TAP at 9:16am ET. EURUSD at 1.3499. 1.3500 has proven to be a significant barrier for the EURUSD in the past offering support and resistance many times. Since market open this week we have also seen the breakdown and now retest of the trend line established on Mar. 25. Looking for resistance here at 1.3500 once again for a bounce back to the 1.3460’s.
EURUSD Chart Picture
EURUSD Chart Picture Result of Bounce