By Andrew M Spencer — Aug 22 - 11:40 PM
Trades up 0.1% in a 0.6702-0.6716 range, with modest flow on D3
The USD off 0.1%, as Treasury yield slipped in Asia - 10yr -2bp 3.840%
All eyes on Fed Chair Powell's speech at the Jackson Hole Symposium
Australian CPI inflation and retail sales lead event risk next week
Charts; 5, 10 & 21-day, week moving averages climb - mixed momentum studies
21-day Bollinger bands rise - positive setup remains after Thursday's dip
Wednesday's 0.6761 high, then the 0.6798 July trend top are first resistance
0.6674 10-DMA and this week's 0.6666 base are the first supports
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary