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Feb 20 - 03:48 PM

EUR/USD - Investors Indecisive Ahead Of Key PMI Data

By Christopher Romano  —  Feb 20 - 01:20 PM
  • Pair heavy early but filled gap, 1.0775 barrier drive a bounce nL1N2AK0KH

  • EUR/JPY rally lifts EUR/USD near 1.0820, daily techs warn shortsnL1N2AK0SR

  • Sellers take over again as EUR/JPY gains erode, pair near 1.0795 late

  • Meager bounce after gap filled should concern EUR/USD longs nL1N2AK0YS

  • Daily doji forms, investors indecisive ahead of key PMI data on Friday

  • If PMI is downbeat EUR/USD bears are likely to take greater control







chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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