Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 01 - 02:36 PM

EUR/USD - REFILE-BUZZ-EUR/USD Bulls Eye Key Fibo Resistance In Sight After Large Gains

By Martin Miller  —  Jun 01 - 02:55 AM

Changed "insight" to "in sight" in title

  • EUR/USD last week saw a daily close above the Ichimoku cloud top at 1.1066

  • That unmasks the 1.1167 Fibo, 61.8% of 1.1495 to 1.0636 March (EBS) drop

  • Through the 1.1167 Fibo will put the 1.1240 March 16 high within reach

  • Tenkan and kijun lines are positively aligned = bullish market structure

  • We have raised our bid to 1.1070 in order take advantage of near-term dips

  • EUR/USD Trader TGM2334. Previous update nL1N2DB0DA

Daily Ichimoku Chart: 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
© 2020 eFXdata · All Rights Reserved
!