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eFX Apex

Apr 08 - 03:55 AM

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By Jeremy Boulton — Apr 08 - 02:20 AM

• EUR/USD jumps 1.1589-1.1708 on Wednesday

• Rally lifts pair above 1.1666 peak 20-day Bollingers - overbought

• Close in relation to the 200-DMA at 1.1673 is key

• Rise toward 1.1746/1.1826 may follow closes above 200-DMA

• EUR/USD may be set for a lengthy consolidation within 1.15-20

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EURUSD

(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)

Source:

London Stock Exchange Group | Thomson Reuters