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Jan 22 - 04:55 PM

EUR/USD - Mixed Signals Side Line Investors

By Christopher Romano  —  Jan 22 - 02:37 PM
  • Rally off Jan 18 low stalls short of 21-DMA, a slide ensues

  • Doji forms on today's daily chart, doji also forms on monthly chart

  • Doji candles signal investors are showing indecision

  • Daily RSI rises slightly, monthly falls, mixed signals being sent

  • Bears need break of 1.2040/65 support to take control of EUR/USD

  • Break of January's 1.2349 (EBS) high needed to put bulls in charge

  • For more click on FXBUZ




eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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