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Derived real-time data in partnership with:
Thomson Reuters
Jun 05 - 11:00 PM
EUR/USD - Capped By Major Resistance, Plenty Of Uncertainty
First appeared on eFXplus on Jun 05 - 09:10 PM
  • Fraction firmer - market talk o/n that June live for ECB - we will see
  • Expect Italian uncertainty - PM never considered leaving Euro nL5N1T72CM
  • He embraced "populist, anti-system" moniker - will be an interesting ride
  • 1.1680-1.1700 623M, 1.1760 541M & 1.1800 1.8BLN close strikes
  • Bullish 5 & 10 DMA cross - falling 20 DMA caps - today @ 1.1747
  • Close above 20 DMA would end downtrend & target 1.1909, 38.2% 2018 fall

eur jun 6 Click here

Source:
Thomson Reuters IFR Markets

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