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May 21 - 02:36 PM

EUR/USD - Bulls Look Set To Test Key Impediments

By Christopher Romano  —  May 20 - 02:20 PM
  • EUR/USD near 1.0950 at NY open; equities, commodities gain; US$, yen sold

  • EUR/JPY lifts to 118.19 on EBS, EUR/USD pierces the daily cloud nL1N2D20ND

  • 1.0999 trades on EBS before pair pulls back, sits near 1.0980 late

  • Techs lean bullish, RSIs rise, May bull hammer forming, 55-DMA supports

  • Options, safe-haven flows could drive more EUR/USD gains nL1N2D20X7















eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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