Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 29 - 01:55 PM

EUR/USD - Rally Sellers Become More Aggressive

By Christopher Romano  —  Sep 29 - 11:48 AM
  • Bear sentiment in EUR/USD increases after August monthly low break

  • 10-month low is hit, key support near 1.1600 threatened nL1N2QV1J1

  • Bounces since break of August low have been very limited

  • Price action indicates rally sellers are becoming more aggressive

  • Should Nov low, likely 1.1600 barrier break selling likely intensifies

  • EUR/USD could then make a quick move toward 1.1490/1.1500 support

  • For more click on FXBUZ



eurusd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!