Hello traders, welcome to yet another market analysis.
EURUSD has broken the lows. And the price rejected the main key level in the monthly period.
Fundamentals: The current dollar weakness came amid comments from Bostic (Fed): he said the Fed MIGHT be in a position to stop raising rates by mid-summer. That was at the end of last week, which explains the latest rally on the EURUSD. However, the smartest market out there (Bonds) really didn't care about your comments.