EUR/USD tiptoes higher after losses
EURUSD is picking itself up off the floor, having suffered heavy losses at the end of last week.
Having been such strong support, it is likely that the $1.15 area will be a major barrier to any upside progress. A move above $1.1628 is needed to suggest that a more bullish view could be developing, and even then trendline resistance from the May highs comes into play around $1.17. A fresh push lower will target $1.1350 in the first instance, and then from there $1.1296 comes into play.