No news today. It will be a technical-analysis only day. Beware : Crude Oil inventories are due today @ 10:35amET.
EURUSD Daily Supports and Resistances
S1= 1.5404
R1= 1.5534
CCI is oversold on the daily chart but 50 moving average have finally turned negative. It might mean that there will finally be a breakout from the 1.53-1.60 box we’ve been in since February. Given that no bottom was formed, wait for an CCI overbougth area on the 5 min chart to short the cross.
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