By Martin Miller — May 01 - 02:55 AM
EUR/USD setbacks have been limited by the key 1.0959 Fibo
1.0959 Fibo is a 23.6% retrace of the 1.0517-1.1096 (March-April) EBS rise
There is scope for an eventual break above the April 1.1096 peak
14-day momentum remains positive, tenkan and kijun lines are bullish aligned
We are long at 1.0965 for eventual gains to 1.1095, stop is at 1.0895
Previous update nL1N36V0RF. EUR/USD Trader TGM2334
Source:
Refinitiv IFR Research/Market Commentary