EUR/USD briefly dips below 1.2000 for the first time since December as sellers test the waters

The low hit 1.1993 briefly before moving back above 1.2000
With the risk momentum slowing down today, if there's going to be a chart to watch then this would be it. EUR/USD at 1.2000 is like the barometer for the short dollar squeeze and the recent push higher in the greenback so keep a watchful eye.