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Jun 26 - 11:00 PM
EUR/USD - Plenty Of Strikes, The Uptrend Needs Progress Soon
First appeared on eFXplus on Jun 26 - 09:10 PM
  • Stable with the USD a touch softer, after closing flat with an inside day
  • 1.1290/15 1.5BLN, 1.1330-35 1BLN, 1.1345-50 600M and 1.1400 1.3BLN strikes
  • G20 event risk - dominated by US/China and US/Iran tensions nL4N23W0Z9
  • 5, 10 and 21 DMAs trend north, momentum studies conflict - neutral setup
  • 1.1344 200 DMA tested and held, close below needed to end topside bias
  • NY 1.1348/1.1392 range is initial support/resistance

eur jun 27 Click here

Source:
Refinitiv IFR Research/Market Commentary

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