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Sep 18 - 02:55 AM

EUR/USD - Bulls Re-Grouping After Tues Adjustment

By Peter Stoneham  —  Sep 18 - 02:05 AM
  • EUR/USD hit a seven-session high, 1.1146, Tues then turned lower

  • Daily RSI diverged and a daily inverted hammer formed

  • Daily stochs are rising and momentum flips positive

  • However, monthly RSI is rising and the pair is above a bull flag top

  • EUR/USD also trades above a slew of daily MAs

  • We lean bullish but will wait for additional signals to emerge

  • EBS pricing. EUR/USD trading page TGM2334

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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