EUR/USD: The recent/ongoing move higher has come with two consecutive rather large daily candles. The rolling 21day high/low average aka “Base line” was respected yesterday, as was the low end of the cloud last week. But spot is back where it traded a month (21days) ago and this puts the short-term “Ichimoku” system in a neutral position. A turn lower from here would be optimal, but over 1.3281 would also risk 1.3299 – above which a near-term bearish wave count would be disqualified. Support likely at 1.3223-1.3214.
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