• The EUR is looking weak on the crosses; the short-term EUR/GBP bull trend has broken down, the medium-term EUR/AUD bull trend looks to be reversing and now EUR/JPY is showing signs of a reversal:
  • The USD also looks weak across the board, which sounds like a perfect recipe for range trading in EUR/USD:
  • I’ll maintain a modest bullish bias after technical support at 1.3650/70 held firm.