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Jun 28 - 12:12 AM
EUR/USD - Bullish Setup Reaffirmed, Time To Test Weekly Cloud
First appeared on eFXplus on Jun 27 - 09:55 PM
  • EUR/USD bullish bias reaffirmed above 200 DMA on EBS, eyes 1.1437
  • Thurs bounce off base of Bollinger uptrend channel is positive
  • Needs to pierce weekly Ichimoku Cloud at 1.1437 to progress
  • UK Q1 GDP lined up, exp 1.8% y/y gain, matching previous print
  • US core inflation for May also due; expected unchanged at 0.2%
  • Fed's Daly says needs more data to support rate cut

EURdaily: Click here

EURweekly: Click here

Source:
Refinitiv IFR Research/Market Commentary

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