EUR/USD gained some momentum in the US session yesterday. This is due to an overall weariness of President Trump’s policies and his thoughts of a weaker dollar.
The French election is also paying a role with the Euro weakness and I have a negative outlook on the pair as a whole.
Immediate resistance points can be noted on the chart in red and support lines in blue.
Due to our bearish view, the first target is 1.0640 and a break of this point would see a further move to 1.0600