By Andrew M Spencer — Nov 19 - 10:10 PM
+0.2% at the top of a 1.2447-1.2484 range, only occasional flow on D3
USD/JPY -0.45% and USD/CNH -0.45% lead the U.S. lower - risk bid in Asia
Commodities are firmer, AsiaxJP stocks +0.6%, Nikkei steady -0.05%
No significant data today, BoE Governor Bailey is due to speak
Charts; bullish outside day Friday, 5, 10, and 21-day moving averages climb
21-day Bollinger bands, and momentum studies, head higher - positive setup
1.2590 50% retracement of the July-October fall is a longer-term target
1.2327, 38.2% of Oct/Nov rise, and last week's 1.2506 top are key levels
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary