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Windsor Brokers - Short Term Technical Analysis for Majors (09:00 GMT)
EUR/USD
Maintains short-term positive tone from 1.4056, 05 Aug higher low, holding gains above bear trendline and channel ceiling, drawn off 1.4938, 04 May peak. Clearance of 1.4500 barrier has so far reached 1.4516, just ahead of 1.4536, 27 July high, clearance of which is required to open 1.4576, 04 July high, next. Near-term corrective phase from 1.4516 is under way, with 1.4258/40, last Friday |
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