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Thomson Reuters
Oct 10 - 02:36 AM
EUR/USD - Bounce Above 1.1500 Could Be A False Break
First appeared on eFXplus on Oct 09 - 11:00 PM
  • EUR/USD creeps past 1.1500 on EBS but optimism may be premature
  • Unless it closes Wed above 1.1575, a pullback could follow
  • Closing above daily Ichimoku Cloud top needed to flip EUR shorts
  • But if it ends below 1.1524, bearish bias remains intact
  • Bollinger downtrend channel will steer toward 1-yr low 1.1301
  • US 10y holds above 3.200%, 2y10y basis rebounds after pullback

UST2Y10Y: Click here

EUR: Click here

Source:
Thomson Reuters IFR Markets

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