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EUR/USD weighed by hourly cloud weighs, 200 HMA holds

Pair saw sharp fall through the hourly cloud overnight and was supported at 1.1320 Rebound of EUR/USD limited around 200 HMA at 1.1365 early London (1.1367 highs) Day trend indicators are turn south from neutral levels V…

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EUR/USD weighed by hourly cloud weighs, 200 HMA holds
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  • Pair saw sharp fall through the hourly cloud overnight and was supported at 1.1320

  • Rebound of EUR/USD limited around 200 HMA at 1.1365 early London (1.1367 highs)

  • Day trend indicators are turn south from neutral levels

  • Volatility expected but would be seller of rallies back to Mon 1.1429 high

 

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