EUR/USD remains above 1.0643 Fibo, 23.6% of 1.1276-1.0448 (Jul-Oct) EBS fall

14-day momentum turned positive last week, reinforcing the upside bias

However the thick cloud, that spans 1.0623-1.0799 region, limits gains

EUR/USD's rise was halted ahead of the 1.0764 Fibo level on Monday

Bulls need a close above 1.0764 Fibo, 38.2% of the same 1.1276-1.0448 drop

Large lower tails on Tuesday and Wednesday candles are limiting the downside

EUR/USD Trader TGM2334. Long at 1.0670. Previous update nL1N3C90J3

Could the market be wrong about the dollar's fate? nL1N3C90VA