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Nov 10 - 03:55 AM

EUR/USD - Chart Bullish, Thick Technical Support Limits Downside

By Martin Miller  —  Nov 10 - 02:20 AM
  • EUR/USD recently saw a big rise that closed back above the thick daily cloud

  • The daily cloud, that now spans the wide 0.9813-0.9949 region, should prop

  • Scope is growing for much bigger gains to probe September 12 1.0198 peak

  • We are long at 1.0015 for gains to 1.0195 in coming sessions

  • Tenkan and kijun lines are positive aligned, reinforcing the bullish market

  • EUR/USD Trader TGM2334. Previous update nL1N3250P8

  • Dollar under a cloud as traders assess "mixed" midterms nL1N3250SF

Refinitiv IFR Research/Market Commentary


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