Techies don't like you EURUSD

 

 

  • EU TALKS WITH BANKS ON GREEK BOND LOSSES SAID TO BE DEADLOCKED 
  • EU TALKS 'PAUSED' ON A DISPUTE ON INSURING RISKS OF NEW BONDS

    As talks in the EU summit continue and we're seeing statements like the ones above coming from news sources, I thought it might be interesting to align this fundamental information with a simplified technical view. Ultimately on longer term horizons it is key market fundamentals that drive the movement of a underlying asset, however when you have the fundamental view apparently lining up with the technical view it makes for interesting reading.

eurusd technical analysis