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Thomson Reuters
Oct 02 - 11:00 PM
EUR/USD - Cloud May Break On Second Try, 50% Fibo In Sight
First appeared on eFXplus on Oct 02 - 09:10 PM
  • EUR/USD rebuffed Ichimoku Cloud supp Tues but still bearish
  • Inside Bollinger downtrend channel, unless it ends above 1.1580
  • May make second attempt to close below Cloud base 1.1537
  • Upcoming US non-farm payrolls may be catalyst for USD rally
  • Italy budget uncertainty may also weigh on EUR nR1N145015
  • Clean break of Cloud exposes key 50% Fibo line at 1.1448

EURUSD: Click here

EURUSDfibo: Click here

Source:
Thomson Reuters IFR Markets

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