– EUR/USD regains the smile and briefly surpasses the 1.0600 barrier.
– Once the 1.0700 region is cleared, the pair’s selling bias could alleviate somewhat.
EUR/USD showed some buying interest and crossed the key barrier at 1.0600 on Monday’s figure.
If the bulls push harder, the pair’s monthly high is 1.0694 (October 24), just ahead of the round level of 1.0700 and just ahead of the weekly peaks of 1.0736 (September 20) and 1.0767 (September 1.0767). 12).
Meanwhile, while below the 200-day SMA at 1.0811, the outlook for the pair should remain negative.
EUR/USD daily chart
EUR/USD
