DislikedEU now is in a no trade zone, unless some scalps.
We need a break of 1.4750 or 1.4695 for the market to set a way to move.
EU price action is favoring a test of the highs first.
If 1.4750 holds, we will see prices going to test the lows. We have an interim resistance @1.4766 and a possible sell of 1.4750 bounce should have its stops over it. A more strong resistance can be found @1.4810, then 1.4842 and 1.4873 before reaching the YTD highs.
On the down side, we have the support at the Daily Pivot @1.4704 then @1.4695 and 1.4659. A break of 1.4659 will open the way to 1.4695-1.4605 strong support area where some good buys may be attempted targeting 1.4660, 1.47 with SL 20 pips or if you can afford under another strong support area @1.4552-1.4557Ignored
The up move is backed by a hi move of the Gold and the Oil.