By Ewen Chew — Dec 26 - 06:35 PM
EUR/USD inches up to 1.0639 vs Mon close 1.0635
Bullish momentum to increase if it ends above 1.0638
Daily Bollinger uptrend channel would then be confirmed
Risk-on sentiment builds as China scraps inbound quarantine
Expected rise in travel should spur local consumption demand
But will also spur tourism outflows by Chinese citizens nL1N33G0FF
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary