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Dec 18 - 06:55 AM

EUR/USD - For EUR/USD Onwards Proves To Be Upwards

By Jeremy Boulton  —  Dec 18 - 05:30 AM
  • EUR/USD tests 2020 high at 1.2273 again today

  • Pair has retreated only modestly from that point (1.2239 low EBS)

  • Bullish momentum and techs. Little impact from growing spec longs IMM/FX

  • Resistance at 1.2288 30-day upper Bollinger, Apr 23 2018 high 1.2290

  • Scope for a faster rise above 1.2300 to Apr 20 2018 peak at 1.2353

  • April 2018 high was 1.2414. March 2018 peak 1.2476, 2018 high 1.2556

  • Why 1.2600 is so important for EUR/USD nL1N2IV0HP

  • IFO beats nL8N2IY1YQ. EZ C/A surplus grows nF9N2GX029



EURUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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