By Jeremy Boulton — Nov 25 - 04:35 AM
EUR/USD trades 1.1930 EBS highest since Sep 1/2020 peak at 1.2014
Pair since back below 1.1900 but dip likely to be modest
Daily cloud 1.1813-1.1766 underpinning recent weakness
Hourly cloud and 200-HMA circa 1.1850-60 may be limit of this dip
Month-end demand, Dec liquidity, a rally could unfold rapidly nL1N2IB0HC
Targets drawn off Nov extremes are 1.1941, 1.2063 and 1.2260
EUR/USD Click here
Source:
Refinitiv IFR Research/Market Commentary