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Jun 02 - 02:55 AM

EUR/USD - FX Traders Leave Price In The Shadows

By Peter Stoneham  —  Jun 02 - 02:08 AM
  • Long upper and lower candle shadows leaves direction confused

  • For Wed price set to pivot around the 10DMA, 1.2211: EBS pricing

  • We remain long for 1.2345 and have raised our stop to 1.2180

  • Tues action left a top in place at 1.2254, just shy of 1.2260 May high

  • Key supp. level 1.2133, May 28 hammer low-23.6% Fibo 1.1704-1.2266

  • Daily bull momentum holding, RSI flat lining near over bought levels

    For more click on FXBUZ








EUR/USD Trader

EUR/USD daily candle chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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