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EUR/USD spikes to new high, ADP miss puts confluence of techs back in play

Wednesday, May 6, 2015 12:44 PM UTC

Treasury yields & USD sink, EUR/USD spikes to new high on below forecast ADP
EUR/USD pierced 100-DMA & 76.4 Fib of 1.1534-1.0463 threatened, RSIs are biased up. gives bulls momentum
Close above the confluence of techs bolsters view of more gains due
Next big resistance comes in 1.1390-1.1450 where a series of Feb daily highs sit

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EUR/USD spikes to new high, ADP miss puts confluence of techs back in play

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