By Jeremy Boulton — May 27 - 02:20 AM
May 27 EUR/USD 1.0706-65 EBS range, highest since Apr 25
Peak 20-Day Bollinger bands is 1.0775, 55-DMA 1.0774
The target for a minimum tech correction of 2022 drop is 1.0786
With traders already long a swift break into overbought territory unlikely
Profit taking may limit upside progress ahead weekend
EUR/USD Click here
Source:
Refinitiv IFR Research/Market Commentary