EUR/USD's latest recovery moves are likely to be temporary

Two key Fibo levels above could well limit the upside

1.0921 Fibo, 38.2% retrace of the 1.1185 to 1.0758 (March to April) drop

1.0932 Fibo, 23.6% of the 1.1495 to 1.0758 of the wider (Feb to Apr) fall

A break and daily close above kijun line, now at 1.0972, would be bullish

FX traders should insure against a EUR/USD slide nL2N2WI0OM

EUR/USD Trader TGM2334. Previous nL2N2WI0CQ