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Thomson Reuters
Jan 29 - 03:48 PM
EUR/USD - Treads Familiar Ground Into Key Risks
First appeared on eFXplus on Jan 29 - 01:45 PM
  • Short-covering gains from overnight erased in NY as US$ gains broadly
  • EUR/USD slips to the 21-DMA before nearing 1.143 late in the day
  • Recent longs take profit ahead of Fed and US-Sino trade talks
  • Monthly and daily doji candles & neutral RSIs suggest market is indecisive
  • Traders are unwilling to be aggressive ahead of key risks nL1N1ZT0XC

chart: Click here

Thomson Reuters IFR Markets


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