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EUR/USD eyes early March highs post-GDP miss

Big miss to GDP weighs on earlier US yield rally, USD tumbles as well Daily cloud top & Mar 4 high there, RSIs bullish, likely to aid gains Market leans towards a more dovish Fed now, DE-US yield spreads narrow Early Mar…

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  • Big miss to GDP weighs on earlier US yield rally, USD tumbles as well

  • Daily cloud top & Mar 4 high there, RSIs bullish, likely to aid gains

  • Market leans towards a more dovish Fed now, DE-US yield spreads narrow

  • Early March highs in EUR/USD eyed, 1.1115/25 initial resistance

  • Mar 5 high & 61.8 Fib of 1.1534-1.0463 there, 1.1155/85 next resistance

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