By Martin Miller — Sep 19 - 02:35 AM
EUR/USD failed to register a 3rd daily close in a row under the 1.0669 Fibo
1.0669 Fibo is a 76.4% retrace of the 1.0482 to 1.1276 (2023) rise
14-day momentum remains negative, however, reinforcing the bearish bias
The tenkan and kijun lines are negative aligned, also bearish
We are looking to get at 1.0710 for a deeper drop
EUR/USD Trader TGM2334. Previous update nL1N3AU0A4
Dollar shorts on the verge of throwing in the towel nL1N3AT0DO
Source:
Refinitiv IFR Research/Market Commentary