By Andrew Spencer — Mar 26 - 07:32 PM
• Trades down 0.1% after the U.S. car tariff confirmation - closed down 0.4%
• The European Commission to assess Trump's car tariffs, says von der Leyen
• Ukraine and Russia's truce agreements run into trouble within hours
• Charts- 5, 10 & 21-DMAs conflict, as 21-day Bollinger bands contract
• Daily momentum studies fall - uptrend stalled, leaving a neutral setup
• The 1.0839 easing 10 DMA, then this week's 1.0858 high are first resistance
• Close pivotal 1.0727 200 DMA, then 1.0637, 0.382% Feb/March rise support
• 1.0700 1.424 BLN, 1.0715 888 mln, 1.0750 1.882 BLN close March 27th
strikes
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters