While last week’s bounce took EURUSD above the double top neckline (1.3673), the pair failed to push above the 55 and 200 day moving averages and turned back down, notes CitiFX Technicals. "We have once again posted another weekly close below 1.3673. As a consequence we still expect a move down to the double top target of 1.3380," Citi projects. In Cable, Citi notes that the pair has been testing a historically pivotal area around 1.7130-1.7180 but has failed to sustain a rally through there. "Last week’s high was exactly 1.7180 with no follow through seen since then. The overall long-term set-up is similar to ... (full story)