Yesterday’s breakout above 1.16582 has failed today with the EUR/USD now approaching interesting minor trendline + 1.16196 support. Ideally, this support should contain this pullback for the EUR/USD although not a critical level.
We’re also still awaiting an impulsive break & close above the key 1213 resistance level on /GC (gold futures) to help firm up the case for a likely rally in gold & the mining stocks.