By Martin Miller — Sep 14 - 03:10 AM
EUR/USD's overall bias is for an eventual drop under May 1.0635 (EBS) low
However, bears need to overcome key 1.0669 Fibo support
1.0669 Fibo, a 76.4% retrace of the 1.0482 to 1.1276 (2023) rise
Fourteen-day momentum remains negative, reinforcing overall bearish bias
Tenkan and kijun lines increasingly negative aligned, this is also bearish
Short at 1.0770. EUR/USD Trader TGM2334. Previous update nL1N3AP0EY
Source:
Refinitiv IFR Research/Market Commentary