EUR/USD tiptoes higher
A rebound here was certainly on the cards for EUR/USD, after some relentless moves lower.
But we will need a move back above $1.2150 to be sure that the buyers remain in charge. Otherwise, such a bounce could provide a fresh selling opportunity for those that missed the drop from $1.24. Any rally that fails to push on above $1.2150 would be another chance for the bears.