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FxWirePro: GBP/AUD neutral in the near-term, scope for downward resumption

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EUR/USD 10-DMA in play after solid retails sales

Thursday, June 11, 2015 12:54 PM UTC

EUR/USD dives, bounce seen as claim a bit higher than forecast
Pair falls further from trend-line off May high & daily RSI biased down
USD & UST yields lift on sales beat, DE-US spreads further in USD's favor
Choppy action for now but bearish tint is emerging
Sub-1.1180 might see some stops hit, if so next support near 1.1115/20

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EUR/USD 10-DMA in play after solid retails sales

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