By Martin Miller — Dec 01 - 02:30 AM
There was a large upper shadow on Monday, a stark warning sign to bulls
Nevertheless EUR/USD's has scope for a break above 2020 1.2014 peak
That 2020 1.2014 peak was posted back in September
Positive alignment of tenkan and kijun lines adds to underlying upside bias
We are looking to get long on dips to 1.1910, above rising tenkan line
The tenkan line has been supportive in recent sessions
EUR/USD Trader TGM2334. Previous update nL1N2IG1E8
Daily Ichimoku Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary