By Jeremy Boulton — Feb 14 - 06:40 AM
• EUR/USD 20-DMA crossing over 55-DMA - bullish Golden Cross
• Signal occurring when rally becoming stretched
• Friday's range 1.0448-1.0487
• Top of 20-day Bollinger Bands is 1.0502
• Target for minor correction current downtrend is 1.0551
• Traders have forgotten that the trend is their friend
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EURUSD
(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters