By Christopher Romano — Jan 26 - 02:52 PM
EUR/USD hits 4-day low then rallies sharply, turns +ve, climbs above 10-DMA
Daily RSI diverges on today's low & a daily bull hammer candle forms
Daily candle forms near the daily cloud top & 55-DMA
Monthly RSI sinking, monthly doji candle is forming, could be bearish signs
Investors await Fed meeting on Wednesday, range to remain intact
Bears need 1.2040/65 break for control, bulls need above 1.2350 for control
Mixed signals lead to indecision for now For more click on FXBUZ
eur/usd Click here
Source:
Refinitiv IFR Research/Market Commentary