The USD index bounced nicely yesterday from 95.55, where the latest correction phase could be completed. We see a price action breaking higher up to 97.00. If that is the case then the EURUSD will remain weak within the current leg down from 1.1295, which already has impulsive qualities. We are looking towards a 1.1000 for the next few sessions.

USD Index, 1h

Read the rest of the article FX Analysis : EUR Is Bearish Against USD And CAD