By Martin Miller — Jan 13 - 02:20 AM
EUR/USD bullish cycle looks set to extend in coming sessions
The overall scope is for gains to the major 1.0939 Fibo
1.0939 Fibo is a 50% retrace of the 1.2349 to 0.9528 (2021 to 2022) EBS drop
Fourteen-week momentum remains positive, reinforcing the bullish market
Solid support comes in at this week's 1.0640 low, this should limit losses
EUR/USD Trader TGM2334. Previous nL1N33W0EE
Source:
Refinitiv IFR Research/Market Commentary