By Jeremy Boulton — Dec 11 - 02:40 AM
EUR/USD plummeted to 1.0332 following eurozone PMI On Nov 22
Oversold situation resulted in a correction to 1.0630 after NFP data
Pair sinks to 1.0499 in advance US CPI data unlikely to shift downside bias
The base of the 20-day Bollingers is currently 1.0446
Another oversold situation may develop well in advance 2024 low
Source:
London Stock Exchange Group | Thomson Reuters