By Andrew M Spencer — Nov 21 - 10:05 PM
-0.05% in a tight 1.0467-1.0477 range, in a quiet FX majors Asian session
European PMIs lead data risk, ECBs Lagarde, and Buba President Nagel Speak
Russia fired a hypersonic intermediate-range ballistic missile at Ukraine
Tensions appear to be rising in the conflict, which caps EUR/USD
Charts - daily momentum studies slip as 21-day Bollinger bands expand
5, 10 & 21-day moving averages track lower, as the downtrend extends
Thursday's 1.0555 high, then this week's 1.0610 top are the first resistance
The 1.0448 2023 low and 1.0402 0.5% of the 2022/23 rise are in sight
1.0475 990 mln and 1.0500 3.235 BLN are the close large Nov 22 strikes
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Source:
Refinitiv IFR Research/Market Commentary