Commentary: The EURUSD is likely to drift lower near term into a support zone from 1.4762 to 1.4818. Still, the EURUSD is very bullish as long as price is above 1.4639. As we have mentioned recently, objectives are in the 1.5200/1.5300 area.
Strategy: Bullish, against 1.4639, target TBD
Al Bawaba
