EUR/USD outlook is mixed as there are conflicting signals on the daily chart

Spot's setback under the 1.0943 Fibo casts doubts about bigger gains

1.0943 Fibo, a 23.6% retrace of 1.0517 to 1.1075 (March to April) (EBS) rise

However 14-day momentum positive, tenkan and kijun lines are bullish aligned

Await clearer signals. Previous update nL1N36J0IY. Trader TGM2334

Dollar likely to relapse despite improving fundamentals nL1N36J0IQ