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Thomson Reuters
Apr 15 - 08:36 AM
EUR/USD - Outlook Mixed, Key Fibo Overcome But Thick Cloud Weighs
First appeared on eFXplus on Apr 15 - 06:35 AM
  • Outlook for EUR/USD is mixed as technical signals currently conflict
  • EUR/USD bulls have managed to register a daily close above the 1.1284 Fibo
  • 1.1284 a 38.2% retrace of the 1.1448 to 1.1183 (March to April) drop
  • But a thick daily cloud, which spans the 1.1308-1.1373 region, now weighs
  • We recommend standing aside for now until signals become clearer

EUR/USD Trader:

Daily Ichimoku Chart: Click here

Source:
Thomson Reuters IFR Markets

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