• The 21-DMA 1.1675 is about to cross above the 200-DMA at 1.1677

• Buy signal for traders betting far less on rise than before Iran war

• Less to stop pair rising and likely cause for it to move higher

• EUR/USD rose 1.0125 to 1.2084 before conflict in ME

• Pair dipped to 1.1409 in March (38.2% 1.0125-1.2084 is 1.1336)

• Correction may be platform for a rise to 1.2157

•
EURUSD buy signal


(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)