By Jeremy Boulton — Dec 03 - 02:40 AM
EUR/USD reaches 1.2125 EBS in Asia. Last higher Apr 30 2018 @ 1.2140
Monthly low in March 2018 was 1.2155
High probability that option barriers around 1.2150 will be defended
Pair poised just below 1.2167 or 50% of the drop from 2014 peak at 1.3995
Close above 1.2167 would heighten prospects that 1.25-1.26 targets met
61.8% of decline from 1.3995 is 1.2599. 200-WMA is 1.2622
EUR/USD Click here
Source:
Refinitiv IFR Research/Market Commentary