EUR/USD Retreats towards its Neckline The EUR/USD topped-out yesterday and is heading back towards our 1st tier uptrend line, or the neck of its head and shoulders pattern. Gold just collapsed beneath its own neckline, which could be foreboding of a similar occurrence in the EUR/USD due to their strong positive correlation. Therefore, investors should keep a close eye on our 1st tier uptrend line, which just reached an inflection point with our 1st tier downtrend line. Meanwhile, the currency
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