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EUR/USD Uptrend Weakening -Commerzbank

EUR/USD may have made a fresh 11-week high of 1.5972 but Commerzbank analyst Andy Hart says its uptrend is weakening and the rate is vulnerable. At 1.5878 he would look to be short just above 1.59, with a stop at 1.6020, looking for a test, and possible break of the longer-term uptrend at 1.5408 as early as this month. EUR/USD now at 1.5863 from the day's high of 1.5972



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