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Sep 07 - 11:55 PM

EUR/USD - Heavy, As Sterling Weighs And Strikes Cap

By Andrew M Spencer  —  Sep 07 - 10:00 PM
  • Off 0.1%, dragged lower by GBP -0.2%, as Brexit deal optimism sours

  • Brexit uncertainty leads news, as the Irish issue resurfaces nL8N2G42N0

  • 1.1815 300M, 1.1850-55 750M, 1.1870-85 857M, 1.1895-00 2.452Bln strikes cap

  • Euro is at familiar levels within the August range into the ECB

  • Techs; 5, 10 & 21 DMAs coil, 21 day Bolli's contract, neutral setup

  • Weekly and monthly 5, 10 & 21 moving averages continue to trend north

  • Earlier 1.1821 high then 1.1832 London top are first resistance

  • Last week's 1.1781 low then 1.1754 August 21 base initial supports

For more click on FXBUZ


eur sep 8 Click here

Source:
Refinitiv IFR Research/Market Commentary

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