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Oct 15 - 03:55 PM

EUR/USD - Indecision Reigns Into The Weekend

By Christopher Romano  —  Oct 15 - 01:46 PM
  • EUR/USD hits 1.1619 on EBS overnight, lift aided by equity, EUR/JPY gains

  • EUR/USD sinks, NY opens near 1.1610, US sales nL1N2RA2BM extend slide

  • Rise in US rate complex EDU2US10YT=RR lift the US$, EUR/USD hits 1.1589

  • US$ weakens slightly, EUR/USD lifts and nears 1.1600 late in the session

  • Daily doji candle forms, suggests indecision; EUR/USD above 10-DMA however

  • EUR/USD also consolidating short-term rally & monthly RSI now rising

  • Shorts face near-term risks but should benefit long-term nL1N2RB1F6

  • For more click on FXBUZ

eurusd Click here

Source:
Refinitiv IFR Research/Market Commentary

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