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Jan 11 - 03:55 PM

EUR/USD - Longs Are Nervous As Bear Signals Increase

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

  • For more click on FXBUZ














eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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