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Stuck in The Range EURUSD.........>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Stuck in The Range
EURUSD squeezed to 1.1343, before resistance from the 2019 down trendline capped
gains. Bulls need a break above here & the Jun 7 high, before challenging the
200-dma at 1.1364 (last closed above, Apr 30 2018). Further resistance is
located at 1.1370/93 from the 1.618% swing of the pullback from 1.1306 to 1.1203
& 61.8% retracement of 2019 range. Bears look for a return to the cloud top &
100-dma at 1.1280/73. Below here opens the Jun 7 low & 50% retracement of
1.1107-1.1348 at 1.1251/28.

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