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Aug 21 - 11:00 PM
EUR/USD - Strikes Contain - Event Risk Is Negative At Present
First appeared on eFXplus on Aug 21 - 08:30 PM
  • Touch firmer in a low key Asian start after closing off just 0.1%
  • External risks blamed for a an uncertain German outlook nL5N25H5AZ
  • France's take on Brexit, suggests no deal is a real possibility nL5N25H589
  • Italian political manoeuvring looks to avoid snap election nL5N25H4BT
  • Strikes - 1.1040-60 2.55BLN support - 1.1095-00 1.4BLN, 1.1135-40 960M cap
  • Negative charts - 5, 10 & 21 daily, weekly and monthly MAs track south
  • First supports at 1.1065, this week's low then 1.1027, the August trend base

eur aug 22 Click here

Source:
Refinitiv IFR Research/Market Commentary

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