Derived Data That Drive Results
By Peter Stoneham — Dec 09 - 02:00 AM
Positive start and potential to snap a 3-day decline
Still respecting a 1.1761-65 Dec 17 cloud twist
Bull trend resumption the risk as momentum increases
Daily RSI is now bumping along in over bought territory
Recent highs, 1.2166-1.2177 provide initial resistance
10DMA pivotal support at 1.2061: Key Fibos behind, 1.2041-1.1957
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EUR/USD Trader
EUR/USD daily candle chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
