By Christopher Romano — Jan 04 - 02:47 PM
EUR/USD rallies to match the Dec. 20-20 monthly high but then slides
Daily RSI doesn't confirm today's high, daily inverted hammer forms
Daily signals suggests a corrective pull back could be due
The l-t bull trend is intact & monthly techs highlight upside risks
Dip buyers looking for the rally to resume likely lurk at lower levels
1.2130/60, 1.2040/60 zones likely have dip buyers waiting to pounce
For more click on FXBUZ
eur/usd Click here
Source:
Refinitiv IFR Research/Market Commentary