EUR/USD: Near-term price action is more bullish than bearish but short-term tools are mostly neutral after the best fit bearish wave count was overruled Fri (>1.3033). Resistance likely at 1.3110-1.3150, but there is also dynamic support below, now at 1.2995/1.2970. Up-before-down seems like a possible scenario for the day ahead. Resistance 1.3090, 1.3108, 1.3148, 1.3195, 1.3243. Support 1.3044, 1.2995, 1.2970, 1.2955, 1.2944.
Click here to read the full report: Technical Alert
SEB