By Martin Miller — Apr 03 - 03:42 AM
(Changed year from 2025 to 2024 on 3rd line)
• EUR/USD breaks major 1.0957 Fibo, a weekly close above would be very bullish
• 1.0957 Fibo, 76.4% of the 1.1214 to 1.0125 (September to February) EBS drop
• That would unmask for the 1.1214 September 2024 high for a retest
• 14-week momentum remains positive, highlighting the upside potential
• Only a break back below March 27 1.0733 low would be a negative sign
• EUR/USD Trader . Previous update
Weekly Chart:
(Martin Miller is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
