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EUR/USD clears May 22 high & 61.8 Fib of 1.1468-1.0819, Bund yields driving lift

Wednesday, June 3, 2015 1:50 PM UTC

EUR/USD hits new short-term trend high, May 22 high & 61.8 Fib of 1.1468-1.0819 cleared
German 10 year yield rallies to 0.83%, seen as the main driver behind
Next decent resistance near 1.1315/25 (76.4 Fib & May 19 high)
Sub-1.1075/80 needed to ease immediate bull pressure
RSIs are biased up with room to run, suggests more gains due
Large offers noted 1.1240

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EUR/USD clears May 22 high & 61.8 Fib of 1.1468-1.0819, Bund yields driving lift

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