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Nov 13 - 09:48 PM
EUR/USD - Key Support Held, But EUR Quietly Marches South
First appeared on eFXplus on Nov 13 - 07:30 PM
  • Flat after closing a touch softer, but with a seventh lower daily high

  • Lagarde takes ECB governors on retreat to iron out differences nL8N27T7AQ

  • 1 day to deadline, Trump will decide on auto tariffs 'soon' nL2N27T14M

  • Initial major support is 1.0994, 61.8% of the October bounce, held offshore

  • Edges towards the rising cloud base, which comes in today at 1.0975

  • Tenkan poised for a bearish cross through the Kijun line

  • Close above the 1.1064 cloud top would end the downside bias

  • 1.1000 330M, 1.1020-30 500M, 1.1040 800M, 1.1050-60 1.4BLN strikes cap

eur nov 14 Click here

Source:
Refinitiv IFR Research/Market Commentary

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