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Nov 19 - 03:55 AM

EUR/USD's Chart Outlook Bullish As Daily Cloud Support Solid

By Martin Miller  —  Nov 19 - 02:10 AM
  • EUR/USD's setback last week was limited by daily cloud, which is bullish

  • Daily cloud now spans the 1.1762-1.1813 region

  • Scope for an eventual break above November's 1.1920 (EBS) peak

  • Tenkan and kijun lines are positively aligned, another bullish sign

  • We exited our 1.1805 long at 1.1840, looking to get long again at 1.1805

  • EUR/USD Trader TGM2334. Previous update nL1N2I40JR

  • Dollar could be on the verge of a collapse nL1N2I40OK

Daily Ichimoku Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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