EUR/USD recently broke under the thick cloud, that now spans 1.0575-1.0776

However it has failed to register a daily close below it

A close under the cloud needed to see 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

14-day momentum negative readings, however, the bias remains on downside

EUR/USD Trader TGM2334. Previous update nL1N3580HB