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Thomson Reuters
Jan 09 - 09:48 PM
EUR/USD - Clear Skies For EUR/USD, Even As US-China Optimism Abates
First appeared on eFXplus on Jan 09 - 08:15 PM
  • EUR/USD sailed through top of daily Ichimoku Cloud on EBS
  • Cloud now becomes dip-buying target at 1.1507, reinforces 1.1500
  • Bullish chart signal will spur buyers toward 200 DMA target 1.1629
  • Long-term moving average last breached in May, led to selloff
  • Optimism for US-China talks simmer, but details lacking nL3N1ZA03L
  • China Commerce ministry briefing later could shed more light

EUR: Click here

Source:
Thomson Reuters IFR Markets

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