With the short-term downtrend broken, the focus is on whether EURUSD can establish above 1.15.
If not support starts at 1.1482 and 1.1475 with only sub-1.1435 negating a focus on 1.15.
On the upside, for this move to gain sesrious momentum, the 1.1537 high 1.1622 would need to be broken.
Note, today is month end which is often characterized by erratic flows, especially ahead of the 4 PM London fixing.
(AT daily chart)
Test Plugin
Add comment