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Dec 10 - 07:55 PM

EUR/USD - Uptrend Solid As EU And ECB Deliver

By Andrew M Spencer  —  Dec 10 - 06:00 PM
  • Flat after closing up 0.5% on ECB nL1N2IQ0MZ & EU nL1N2IQ0SL stimulus

  • EUR/GBP +1.35%, as chances of a hard Brexit gain traction nL8N2IQ1UF

  • Miles of trucks stack up near southern English port pre Brexit nL8N2IQ66X

  • Taste of things to come even if a bare bones Brexit agreement is made

  • Charts; momentum studies base, 5, 10 & 21 daily weekly and monthly MAs climb

  • Bullish setup targets another test of last week's 1.2177 high

  • Close below 1.2095 10 DMA needed to undermine topside bias

  • NY 1.2081 - 1.2158 range is initial support-resistance

For more click on FXBUZ


eur dec 11 Click here

Source:
Refinitiv IFR Research/Market Commentary

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