EUR/USD failed to register a daily close under the 1.0611 Fibo in April

1.0611 Fibo is a 76.4% retrace of the 1.0448-1.1139 (Oct-Dec) EBS rise

14-day momentum has recently turned positive, highlighting the shift in bias

A break and daily close above the Ichimoku cloud would be quite bullish

The daily cloud currently spans the 1.0824-1.0838 region

EUR/USD Trader TGM2334. Previous update nL1N3HA0HX