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Sep 28 - 04:55 AM

EUR/USD - Chart Points Of A Break Under The 2021 Low

By Martin Miller  —  Sep 28 - 03:03 AM
  • EUR/USD's recent recovery attempts have been limited

  • Market remains offered while under the daily cloud that spans 1.1760-1.1906

  • Overall scope is for a bearish resumption to the 2021 1.1664 low

  • We remain short at 1.1700 for losses to 1.1570, our stop is at 1.1760

  • Speculators pile into the rising bullish dollar nL1N2QS05S

  • EUR/USD Trader TGM2334. Previous update nL1N2QS06D

Daily Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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