By Martin Miller — Jun 08 - 02:45 AM
EUR/USD's recent recovery rise was halted by 1.0787 Fibo resistance
1.0787 Fibo, a 38.2% of the 1.1495 to 1.0349 (EBS) fall
The thick daily cloud, that now spans the 1.0744-1.0918 region, also weighs
Upside blocked, expectation is for an eventual drop under the 1.0620 Fibo
1.0620 Fibo is a 38.2% retrace of the 1.0349-1.0787 May recovery
EUR/USD Trader TGM2334. Previous EUR/USD update nL1N2XU0E9
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary