EUR/USD pauses
On the 15 minute chart EURUSD has paused at the 50EMA.
The mixed PMI data out earlier in the session from France and Germany has put a halt to the near term rise in the pair. However, the euro area services have good demand which counters the decline in euro area manufacturing. So, nothing to get too concerned about all in all.
50EMA provides near term risk for now on the 15 minute chart (yellow line)
