EUR/USD bears are weighing down on a key multi-month reversal pattern support level. The previous sharp sell-off was helped by a recent DeMark™ exhaustion signal. • A decisive close below 1.3000 (psychological support) is required to unlock the important multi-month reversal pattern into 1.2625 (16 Jan swing low). • Meanwhile, only a sustained daily close back above 1.3460 puts this scenario on hold for a potential recovery into our upside target zone at 1.3542 (200-day average). • Inversely, the USD Index is still holding its latest rebounded from key support at 78.66/10 (04 March low/TD Level), which was coupled ... (full story)