By Martin Miller — Jul 13 - 01:55 AM
Dollar set to climb as EUR/USD teeters on the brink nL1N2YT0HL
14-week momentum is negative, highlighting the underlying bearish market
As does the bearish alignment of the daily tenkan and kijun lines
A clean and sustained break below parity could accelerate the drop
That would increase the risk for a drop through December 2 2002 0.9860 low
We are looking to get short at 1.0080 in anticipation for a bigger drop
EUR/USD Trader TGM2334. Previous EUR/USD update nL1N2YT0BA
Source:
Refinitiv IFR Research/Market Commentary