EUR/USD back to 1.4850 after holding above 1.4800 barriers

The latest run to trigger barriers has failed and prices have bounced to 1.4850. If prices can establish themselves back above that level, we’re likely to drift higher for the balance of the session. If they can’t we’ll take another poke at the tiger in the cage.

The recent probe was the third time in the last two weeks we’ve tried to break 1.4800 and have come up short.

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