By Robert Fullem — Dec 23 - 09:35 AM
EUR/USD holds loss amid broad dollar gains and firmer Treasury yields
Settles near bottom end of 1.0386 to 1.0448 day’s range
Bund yields higher after ECB Lagarde says near inflation goal, import prices
Price congestion above 1.0370 lower Bollinger supports before 1.0344 YTD low
Option expiries include EUR4.4b at 1.0350-1.0360
Bounce possible due to year-end short covering, Dec. 19 inverted hammer
Needs to climb above 1.0536 Dec 17 high to neutralize bearish momentum
Growth concerns, low yield and political uncertainty weigh longer-term
For more click on FXBUZ
Source:
London Stock Exchange Group | Thomson Reuters