By Peter Stoneham — Aug 30 - 03:10 AM
EUR/USD closed clear below the 10-day moving average Thursday
Potential for a bullish continuation pattern on the dailies negated
Over bought daily momentum readings are being unwound
Our 1.1120 long play is struggling as a direction change takes hold
Close below 1.0988, 50% Fibo 1.0775-1.1212, will add to risk
EUR/USD trading page 2334
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary