Derived Data That Drive Results
By Martin Miller — Jul 15 - 02:45 AM
EUR/USD on Thursday traded at levels not seen since Dec 2002
14-week momentum is negative, highlighting the underlying bearish market
As does the bearish alignment of the daily tenkan and kijun lines
Sustained trading under parity needed to accelerate the drop
That would put pressure on the Dec 2 2002 0.9860 low
Our 1.0080 short hit our 0.9960 target, we have a new offer at 1.0080
EUR/USD Trader TGM2334. Previous EUR/USD update nL1N2YV1GO
Source:
Refinitiv IFR Research/Market Commentary
