In "ActionForex.com":
EUR/USD's fall from 1.5896 was contained at 1.5510 last week and rebounded strongly since then. That left the fall from 1.5896 in three wave corrective structure and argues that it's merely a correction to the rise from 1.5342 to 1.5896, and has completed. Initial bias is on the upside this week as long as 1.5636 minor support holds and further rally is in favor to retest 1.5896/5902 resistance zone.
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