Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 19 - 01:55 PM

EUR/USD - Dips Buyers Likely To Become More Aggressive

By Christopher Romano  —  Apr 19 - 12:53 PM
  • EUR/USD dips overnight, nears 10-DMA and April 14 daily low (1.1940 EBS)

  • Sharp rally then lifts pair above daily cloud base, 50% Fib 1.2349-1.1704

  • A daily bullish outside candle forms; RSIs imply upside momentum remains

  • Those that missed today's dip buying opportunity likely raising bids now

  • Supports now near 1.1985/95 & 55-DMA, bids might be getting placed nearby

  • Tests of daily cloud top, 61.8% Fib 1.2349-1.1704 seem probable

  • For more click on FXBUZ



eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!