By Andrew M Spencer — Sep 02 - 08:25 PM
Steady after closing up 0.2% with the U.S. dollar off 0.1%
Eurozone PMIs remained in negative territory, as the economy struggles
German retail sales unlikely to impact - US ISM manufacturing PMI leads
Charts; daily momentum studies fall, 21-day Bollinger bands contract
5, 10 & 21-day & week moving averages conflict - neutral signals
A close below 1.0996 0.382% June/August rise would be a bearish signal
A close above the 1.1118 10-day moving average would be a positive signal
1.1050 1.143BLN and 1.1070/80 1.406 BLN close strikes for Sep 3rd
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary