By Martin Miller — Oct 10 - 02:40 AM
EUR/USD has scope for an eventual slump under the major 1.0402 Fibo
1.0402 Fibo is a 50% retrace of the 0.9528-1.1276 (2022-2023) EBS rise
Tenkan and kijun lines are negative aligned, reinforcing the bear market
We are short at the 1.0550 level in anticipation for a collapse
EUR/USD Trader TGM2334. Previous update nL1N3BF0CS
FX traders have more than doubled their USD conviction nL1N3BF0JO
Source:
Refinitiv IFR Research/Market Commentary