By Jeremy Boulton — Sep 11 - 05:35 AM
EUR/USD approaching base 20-day Bollingers - 1.0975 and rising
The overbought situation which curbed Aug rally alleviated
The 100-DMA just crossed above 200-DMA - Golden Cross
Target for resumption of the EUR/USD rally is 1.1549
Interim targets: 1.1219, 1.1282, 1.1345 and 1.1435
EUR/USD may resume its rise after next Fed meeting nL8N3KS086
Oil's plunge will support EUR/USD nL1N3KT093
Source:
Refinitiv IFR Research/Market Commentary