I want to get this one out nice and fast just in case we break below the 21-DMA and i have to rewrite the whole thing. If we do break lower i will republish an updated version later in the session.
Initial resistance has been confirmed at the $1.3084 level with the pair having found support at the 21-DMA so far. Immediate focus remains on a test of the Apr 5 low while the $1.3084 level caps with overall focus on the March monthly low from Apr 4.
For today’s detailed technical analysis please click on the link below.
EURUSD Techs Daily 23 Apr