By Martin Miller — Oct 28 - 07:35 AM
EUR/USD has made recovery moves from recent lows
Focus is on the 1.0869 Fibo, a 23.6% retrace of the 1.1214-1.0762 (EBS) drop
A break and close above 1.0869 Fibo would increase the upside bias
However, those bearish should be mindful of negative 14-day momentum
A break under 1.0762 would shift the bias back to the downside
EUR/USD Trader TGM2334. Previous nL1N3LU075
Dollar shorts have thrown in the towel nL1N3M30DX
Source:
Refinitiv IFR Research/Market Commentary