EUR/USD touches 1.1040
The euro momentarily rose to a fresh session high as it continues to reverse the losses from earlier today.
The dip down to 1.0985 on stops below 1.1000 has slowly been reversed and extended but I don’t see it as an important signal just yet. If the momentum can extend to the upside and above yesterday’s US high of 1.1047 or yesterday’s European high of 1.1061, then we have something more interesting on our hands.
