Derived Data That Drive Results
By Christopher Romano — Jan 11 - 02:31 PM
EUR/USD trades lower for the third session in as many days
Pair below 10 & 21-DMAs which has been bull influences since November
Daily RSI drop extends, monthly RSI diverges on the recent high set
Inverted hammer candle currently forming in Jan but month is still young
Risk grows that EUR/USD could test near 1.2000, possibly 1.1600
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Source:
Refinitiv IFR Research/Market Commentary
