EUR/USD: The dollar took a big hit across the board yesterday. Thisbenchmark move shows demand – likely strong enough tochallenge the yearly high at 1.3711. The prior top (1.3647)and yesterday’s bullish trigger (coinciding with the mid-bodypoint at 1.3607-04) should now work as support. Tradingbeyond the yearly high would turn attention to mediumtermFibo measures and the current short-term stretch near
Read the full report: Technical Alert
SEB
