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Oct 14 - 05:55 AM

EUR/USD - A EUR/USD Correction Has Scope For Either 1.1700 Or 1.1800

By Jeremy Boulton  —  Oct 14 - 03:48 AM
  • EUR/USD turns higher in wake of news expected to push it lower

  • The weight of expectations are hanging heavily on dollar nL1N2RA0BS

  • EUR/USD 1.1522 Oct 12, rises 1.1530-97 Oct 13 after CPI

  • Today's range 1.1588-1.1612 EBS

  • Correction targets for drop from Sep high are 1.1613 and 1.1670

  • Correction targets for drop since Jun Fed are 1.1665 and 1.1754

  • 20-Day Bollinger bands 1.1772, 1.1633, 1.1495 will help define range

  • Good chance EUR/USD settles within 1.14-1.18 this year nL1N2R80DD



EURUSD Click here

EURUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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