The EUR/GBP saw its first close above .8600 since March on Friday, paving the road for further gains over the course of this week. With today’s inside candle in the upper half of Friday’s range, the pair has created a clear Stutter Step Trade setup.
Candlestick Daily: NZD/USD Dip Buy Opportunity
| CURRENCY | CURRENT BIAS | POTENTIAL STRATEGY |
| EUR/USD (Short Term) |  | Bounce possible after Friday's big drop, but longer-term bias remains to the downside. Watch for volatility from ECB President Draghi's speech at 8:30 EDT, 12:30 GMT. |
| GBP/USD (Short Term) | | Back above 1.4900, but resistance expected if rates reach key psychological...
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