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EUR/USD eyes 1.1005/10 on soft USD, commodity lifts help

Monday, June 1, 2015 1:53 PM UTC

EUR/USD at best level for NY session, eyes 1.1005/10 on soft USD
Post-data lift persists as US yields & USD stay soft, commodity lifts help
Intra-day resistance near 1.0980/90 (hourly highs, 200-HMA)
1.1005/10 bigger resistance behind, stops likely above, if run decent squeeze due
Above 1.1010 eyes 1.1080 & 1.1105/10
Long lower wick on daily candle is a concern for recent shorts

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EUR/USD eyes 1.1005/10 on soft USD, commodity lifts help

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