The dollar trades correctively weaker near-term
EUR/USD: A short-term bullish print was added yesterday. A near-term pivot, the average 5day hi and the 21day exponential moving average represents nearby resistance and should be tested. Tougher resistance, more likely to hold is located around 1.3030. Below 1.2842 would hint that the correction higher might be over.
Click here to read the full report: Technical Alert
SEB