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Aug 06 - 03:55 AM
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EUR/USD - Threatening To Break Higher And Squeeze More Shorts
By Jeremy Boulton — Aug 06 - 02:36 AM
• EUR/USD 1.1544-59 range on Thursday
• The top of the daily Ichimoku cloud is 1.1561
• The 100-DMA is 1.1569, peak 20-day Bollingers 1.1571
• There is scope for a bigger rise and traders are short
• Likely to see stops triggered above cloud and 100-DMA
•
EURUSD
(Jeremy Boulton is a Reuters market analyst. The views expressed
are his own)
Source:
London Stock Exchange Group | Thomson Reuters