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EUR/USD - Short remains in play and the risk remains with the bears

The lift from 1.0803 tests close to the 200 HMA intraday at 1.0859 Looking for a break under 1.0800 next. The 21 DMA is key at 1.0789 Below targets the low from March 31 at 1.0713 Then 1.0688 which is the 61.8% of 1.0457…

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EUR/USD - Short remains in play and the risk remains with the bears
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  • The lift from 1.0803 tests close to the 200 HMA intraday at 1.0859

  • Looking for a break under 1.0800 next. The 21 DMA is key at 1.0789

  • Below targets the low from March 31 at 1.0713

  • Then 1.0688 which is the 61.8% of 1.0457 - 1.1062

 

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