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EUR/USD heavy, erases early gains after

Friday, May 1, 2015 2:39 PM UTC

EUR/USD erases early gains after brief piercing of 76.4 Fib of 1.1534-1.0463
USD bid persists even after ISM miss, US yields rallying, EUR/USD heavy
Bear hammer forms and daily RSI diverging at the moment
Support in the 1.1185/00 zone, if breaks recent longs likely exit
~1.1105/10 and then 1.1065/75 are levels to watch below

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EUR/USD heavy, erases early gains after

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