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Sep 06 - 03:55 AM

EUR/USD - Key Technical Signals Could Set The Tone This Week

By Peter Stoneham  —  Sep 06 - 02:37 AM
  • Change of strategy, we have sold at market for 1.1730 with tight stop

  • Cracks appear in the underlying bull run: watch for developing bear signals

  • Double day high at 1.1909 and a shooting star candle Friday, inverted hammer

  • Potential for a bearish engulfing line today too; strong reversal signal

  • Cloud break at 1.1840 (base) would strengthen the bear call

  • A tidy trade but likely to attract plenty of interest, could undermine

    For more click on FXBUZ









EUR/USD Trader

EUR/USD daily candle chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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