By Christopher Romano — Jul 19 - 02:05 PM
ECB report, safe-haven sales help EUR/USD rally sharply gain nL1N2Z00WC
NY opened near the overnight high, pair then dipped to 1.0225 on EBS
Dip aided by firmer US$ but equityESv1, yieldDE2YT=RR gains help buoy
EUR/JPY rally to 141.44 on EBS also help to limit EUR/USD's pull back
Commodity LCOc1 gains, USD/CNH hold near the low help buoy EUR/USD
Pair sits near 1.0235 late in the session, up nearly 0.90% on the session
Monthly bull hammer, 10-DMA support, rising daily RSI are bullish signals
ECB adds to EUR/USD tailwinds for potential test of old support nL1N2Z0172
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary