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Nov 15 - 03:48 PM
EUR/USD - Shorts Dented As Safe Havens Are Sold
First appeared on eFXplus on Nov 15 - 01:05 PM
  • Nov 14 bull hammer followed by rally today, US data helps buoy nL2N27V0EC

  • Sales of safe-haven yen, CHF, US$ lift euro crosses, drags EUR/USD along

  • EUR/USD breaks above 55 & 10-DMAs, lift stalls near Nov 8 high, cloud top

  • Rally after Nov 14 hammer, rising RSI give daily techs a bullish tint

  • Recent developments have put EUR/USD shorts in jeopardy nL2N27V0N2

  • Euro zone November Markit PMIs are key data risks late next week







chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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