EUR/USD is now trading well above the broken 1.1012 Fibo this week

That after struggling to break free of it last week

1.1012 Fibo, 76.4% retrace of 1.1139 to 1.0602 (December to April) EBS drop

Fourteen-day momentum remains positive, reinforcing the bullish market

There is scope for much bigger gains to retest the 1.1139 December peak

We are long at 1.0985 in anticipation for bigger gains in coming sessions

EUR/USD Trader TGM2334. Previous update nL1N3K608B