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Derived real-time data in partnership with:
Thomson Reuters
Dec 28 - 12:12 PM
EUR/USD - U.S. Data Keep Key Resistance At Bay
First appeared on eFXplus on Dec 28 - 10:40 AM
  • DE-US spread tightening helps lift EUR/USD near key resistance
  • November high & daily cloud top are resistances bulls need to clear
  • Upside surprise to Chicago PMI broadly boosts the greenback
  • EUR/USD gives up most gains and nears flat on the day
  • Long upper wick on daily candle gives daily techs a bearish tint
  • RSIs still give bulls momentum, break above the cloud puts 1.1630/50 in play

chart: Click here

Source:
Thomson Reuters IFR Markets

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