EUR/USD failed to register a daily close under the 1.0611 Fibo in April

1.0611 Fibo is a 76.4% retrace of the 1.0448-1.1139 (Oct-Dec) EBS rise

14-day momentum is positive, highlighting the overall upside bias

A break above the daily Ichimoku cloud would be quite a bullish sign

The daily cloud currently spans the 1.0827-1.0838 region

However a close back under the tenkan line at 1.0731, would be negative

EUR/USD Trader TGM2334. Previous update nL1N3HB0M6