EUR/USD's recent rise was stymied by the 1.0787 Fibo supply

1.0787 Fibo is a 38.2% of the 1.1495 to 1.0349 (EBS) fall

The subsequent drop has broken and closed under the key 1.0620 Fibo

1.0620 Fibo is a 38.2% retrace of the 1.0349-1.0787 May recovery

That is increasing the overall scope for a bigger EUR/USD slide

The thick daily cloud, that currently spans the 1.0688-1.0889 region, weighs

We are short at 1.0735 for our 1.0575 target, our trailing stop is at 1.0645

EUR/USD Trader TGM2334. Previous EUR/USD update nL1N2XW094