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

  • 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

  • Market Data
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