EUR/USD recently broke under cloud base that currently spans 1.0575-1.0767

However, spot failed to register a daily close below the cloud

That is needed to increase a bigger slump to the 1.0459 Fibo

1.0459 Fibo is 38.2% of the 0.9528 to 1.1034 (Sept to Feb) EBS rise

Bears can be encouraged by the continued 14-day momentum negative readings

EUR/USD Trader TGM2334. Previous update nL1N3560DO

Dollar seems on the verge of a bigger extension higher nL1N3560EA