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Thomson Reuters
Jul 01 - 09:48 PM
EUR/USD - Uncertainty Around Merkel/CSU Weighs In Asia
First appeared on eFXplus on Jul 01 - 08:05 PM
  • -0.15%, as uncertainty swirls around migration in the German coalition
  • Most analysts expect Merkel to survive the CSU clash nL8N1TX09B
  • Momentum studies edge higher, 5, 10 & 20 DMAs conflict - neutral setup
  • Price is around the mid point of the June 1.1508/1.1853 range
  • 1.1690-1.1700 800M strikes then 1.1721, 61.8% June fall first resistance
  • Earlier 1.1632 low then 1.1590-1.1600 1.2BLN strikes initial support

eur jul 2 Click here

Source:
Thomson Reuters IFR Markets

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