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EUR/USD is supported below 1.12

1.1279 peaked yesterday and prices have eased back below the 200 HMA 21/10 DMA also back above the market at 1.1252/56 and provide resistance Short in play for 1.0870, just ahead of the 1.0867 May 28 base Looking for a m…

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  • 1.1279 peaked yesterday and prices have eased back below the 200 HMA

  • 21/10 DMA also back above the market at 1.1252/56 and provide resistance

  • Short in play for 1.0870, just ahead of the 1.0867 May 28 base

  • Looking for a move under 55 DMA and into cloud first, Cloud top at 1.1115

 

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