EUR/USD rise could be limited by 1.0763 Fibo, 38.2% of 1.0916-1.0668 drop

Plus there is daily cloud supply that spans the 1.0779-91 region

14-day momentum remains negative, reinforcing the bearish market structure

We are short at 1.0760 in anticipation of losses towards April 1.0602 low

However, bears should be mindful of the "cloud twist" above 1.0780 next week

Cloud twists usually acts like a magnet as they draw closer

A "cloud twist" is when the cloud extremes, senkou spans A and B, cross

EUR/USD Trader TGM2334. Previous update nL1N3IG07N