Sketches for the week
EUR/USD



Monthly chart: half of the month is behind and one can see how hard it is for bears to get rollback. General tendency is that it is difficult to continue to move up without touching zone of Bollinger medium band (1.3060).

Besides, this rollback swing can become full only after a new Low will have been reached by December bar (with all that it implies in terms of time)

Getting below the medium band would be a warning bell for buyers, but break of beginning up-trend would be only possible under the breaking of 1.2749. Until it happens, present things must be taken as the preparation for the impetus to zone 1.4260.
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