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Mar 28 - 03:55 AM

EUR/USD - Traders Continue To Buy And See Pair Fall

By Jeremy Boulton  —  Mar 28 - 02:40 AM
  • Between Mar 15-22 EUR/USD traders added to an existing long position

  • Pair traded 1.0921-1.1137 before dipping to 1.0961 IMM/FX

  • Today's range 1.0945-1.0986 EBS. Few of any remaining longs are in the money

  • Scope for a decline towards base 20-day Bollinger bands at 1.0845

  • U.S. retail sales data today. EUR 580 million expiries at 1.1000

  • Mar 14/15/16 lows: 1.0900, 1.0921, 1.0948, 61.8% 1.0806-1.1137 rise 1.0933

EURUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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