Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 22 - 08:55 PM

EUR/USD - Trend Higher Kicking Into High Gear

By John Noonan  —  Jul 22 - 07:15 PM
  • EUR/USD opens 0.35% higher at 1.1567 after trading as high as 1.1601 (EBS)

  • Trend higher in place with 5, 10 & 21-day MAs in bullish formation

  • Pullbacks have been shallow as bullish sentiment builds

  • The 50% of 1.2556/1.0637 is at 1.1596 and clear break targets 1.1815/25

  • The 1.1815/25 level is where the 61.8 of the move and Sep 2018 high converge

  • Support is @ former resistance @ 1.1495 and break would ease upward pressure

  • For more click on FXBUZ









Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!