Intraday bias in EUR/USD is back on the downside with breach of 1.1159. Current fall from 1.1710 should target 161.8% projection of 1.1848 to 1.1323 from 1.1710 at 1.0861. Nevertheless, break of 1.1276 minor resistance will indicate short term bottoming, and turn bias back to the upside for stronger rebound first. In the bigger picture, […]
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The Dollar Weakened Broadly but Modestly as Treasury Yields Extended Their Retreat What’s happening: The Dollar weakened broadly but modestly on Tuesday, slipping against all seven major counterparts, as US Treasury yields extended their retreat Read more…