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Thomson Reuters
Sep 13 - 03:48 PM
EUR/USD - Past 100-DMA On US CPI Miss, Draghi, Trade Hopes
First appeared on eFXplus on Sep 13 - 01:40 PM
  • Soft U.S. CPI, Draghi's upbeat view trigger 1.1615-701 surge
  • EUR/USD backs off a bit on Trump's trade tweet
  • Eying possible 1st close above 100-DMA (1.1682) since April
  • Key resistance above 38.2% of '18 wide & July high @1.1780/90
  • Bund-Tsy spreads firmer; 21- & 55-DMAs also basing, RSI rising

EUR Chart: Click here

Source:
Thomson Reuters IFR Markets

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