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Thomson Reuters
Oct 12 - 03:48 AM
EUR/USD - Saw Biggest Gain Since Sept 20, Bulls Eye 30-DMA
First appeared on eFXplus on Oct 12 - 02:05 AM
  • On Thursday EUR/USD staged the biggest one-day gain since September 20
  • Managed a daily close above daily cloud top now at 1.1575 and 1.1579 Fibo
  • 1.1579 Fibo is a 38.2% retrace of 1.1815 to 1.1433 (Sept to Oct) EBS fall
  • Bulls now take aim at the 30-DMA now at 1.1618 and 1.1624 Fibo
  • 1.1624 Fibo is a 50% retrace of the same 1.1815 to 1.1433 drop
  • Vulnerable EUR/USD shorts . Previous bullets

EUR/USD Trader:

Daily Ichimoku Chart: Click here

Source:
Thomson Reuters IFR Markets

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