Some folks are saying that Italy-referendum is a distraction, but I think that this par is in a holding pattern, consolidating awaiting the news on Italy. Either way it looks like a downward flag, the USD is strong, and if the news makes it break out of the channel, I'm shorting.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.