EURUSD – The MACD is above its zero line, a bullish trending condition and the momentum tools had confirmed crossing higher last night, indicating there is potential for a move to test the important resistance at 1.3417, the June high. A close above which would be the next positive event, opening the way to 1.3520, the Feb 13 high. Support is at 1.3293, the midpoint of last week’s range ahead of 1.3206, the Aug 15 low. No positions recommended. Read the full report
