Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 16 - 03:55 AM

EUR/USD - Could Go Either Way According To The Daily Chart

By Martin Miller  —  Mar 16 - 03:00 AM
  • USD shorts ran for the hills when they did not need to nL1N2LB0HF

  • We remain long at 1.1960 but are mindful that the outlook is mixed

  • EUR/USD failed to maintain trading under the 1.1887 Fibo, giving bulls hope

  • 1.1887 Fibo is a 61.8% retrace of the 1.1602 to 1.2349 (Nov to Jan) rise

  • But failure to sustain break above tenkan line, now at 1.1950, negative

  • EUR/USD Trader TGM2334 Previous update nL1N2LD0CM

Daily Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!