Euro seems to be supported by long term 61.8% fib level of 2018 to 2020 bear market at 1.1825, aided by supports from GBP being dug back to above support at 1.38 and UsdCad rebounding from 125.9 resistance (Jan 2021 low).
Trendline support likely to be tested if supports from these currencies continue while keeping mindful of Yen's sketching of what appears to be a right shoulder in the making of a H&S since mid June.
Trendline support likely to be tested if supports from these currencies continue while keeping mindful of Yen's sketching of what appears to be a right shoulder in the making of a H&S since mid June.
Order avbruten:
USD looking too strong, particularly against the Yen.