By Andrew M Spencer — Sep 02 - 07:50 PM
Off 0.05% after closing up 0.4% - resilient, with the U.S. dollar down 0.1%
Current account and Net exports lead today's data - unlikely market moving
US and Canadian holidays on Monday - AUD to move with risk appetite in Asia
Charts, 21-day Bollinger bands contract, 10 and 21-day moving averages climb
Mixed daily momentum studies at elevated levels - a net positive setup
The uptrend targets 0.6871 Dec 23 high and then the 0.6900 July 23 top
Friday's 0.6752 low and then August 22nd 0.6697 base are initial supports
Uptrend stalled and a close above the 0.6824 August high is needed soon
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary