By Martin Miller — Mar 13 - 03:40 AM
EUR/USD recent gains have continued into the daily Ichimoku cloud
The thick daily cloud curently spans the 1.0662-1.0815 region
Fourteen-day momentum is on course to turn positive at Monday's close
A positive momentum reading would highlight a shift in bias to the upside
Bears need a daily below the cloud base to keep the focus on the 1.0459 Fibo
1.0459 Fibo is a 38.2% retrace of the 0.9528-1.1034 (Sept-Feb) EBS rise
EUR/USD Trader TGM2334. Previous update nL1N35I0IZ
Source:
Refinitiv IFR Research/Market Commentary