By Martin Miller — Mar 07 - 02:49 AM
• EUR/USD huge gains this week to break above multiple key tech levels
• Watch 14-week momentum, it is on course to turn positive at Friday's close
• Including 1.0798 Fibo, 61.8% retrace of 1.1214-1.0125 (Sept-Feb) EBS drop
• End of week close above 1.0798 Fibo would confirm a big shift to the upside
• However, a failure to close above the 1.0798 Fibo would hint at a top
• EUR/USD Trader . Previous update
Weekly Chart:
(Martin Miller is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
