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eur/usd update:

Seems strong profit taking after a good nfp result,for the short term period below 1.3980 the euro still expose for the downside,a daily closing on daily basis below 1.3857 will sink euro deeper(i''ll exit all buying position on that rule)current price retrace below 61.8% from 1.3735----1.4280= 1.3950,im looking ahead the rebound toward 1.3980 where a true breakout above that level is needed to declare short term bottom.If not then the bear should take the place for several days is likely.