By Peter Stoneham — Jun 14 - 03:50 AM
Another push above a trend resistance line, 0.8576
Need a close above the 2022 0.8618 high to bolster the bull run
A jump in 14-day positive momentum confirming the latest price lift
Bull run just being held back by the 30DMA upper Bolli at 0.8602
Our 0.8510 long is in play with a raised 0.8530 stop and 0.8705 target
A climb through 0.8618 2022 high will see the stop raised again
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Source:
Refinitiv IFR Research/Market Commentary