Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Nov 11 - 04:55 AM

EUR/USD's Downward Pressure Limited By Daily Cloud

By Martin Miller  —  Nov 11 - 02:35 AM
  • Despite the bearish engulfing pattern that formed on the EUR/USD chart

  • EUR/USD's downward pressure has so far been limited by daily support

  • The daily cloud currently spans the 1.1740-1.1813 region

  • A break above the Monday 1.1920 peak would brighten EUR/USD's outlook

  • We are long at 1.1805 in anticipation for a bull resumption to 1.2010

  • EUR/USD Trader TGM2334. Previous update nL1N2HW0EX

Daily Ichimoku Chart: Click here

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved