By Jeremy Boulton — Oct 01 - 06:40 AM
EUR/USD drops to 1.1085 EBS on October 1
The target for a minor correction of June-Sep rise is 1.1085
Target for min tech correction of that rise is 1.1005
Base 20-day Bollinger Bands is 1.1011
Weak eurozone manufacturing/softer CPI weigh nL1N3LD0A8nL1N3LC09J
Balancing of Swiss FX reserve may also weigh nL1N3LD0C5
This might be a good time to buy dollars nL1N3LD09D
Source:
Refinitiv IFR Research/Market Commentary