Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 06 - 01:55 PM

EUR/USD - Rally Sellers Likely Becoming More Aggressive, Eye Sub-1.1500

By Christopher Romano  —  Oct 06 - 12:19 PM
  • EUR/USD bear sentiment grows as new 15-month low is set, 1.1529 hit on EBS

  • Falling daily, monthly RSIs imply downside momentum remains in place

  • October's monthly inverted hammer candle reinforces bearish tech signals

  • EUR/USD rally sellers likely lowering offers as bounces have been shallow

  • Initial resistance sits in the 1.1560/65 area followed by 1.1585/90

  • EUR/USD bears look for break of 1.1500 barriers, 50% Fib of 1.0636-1.2349

  • For more click on FXBUZ



eurusd 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
© 2021 eFXdata · All Rights Reserved
!