By Christopher Romano — Feb 19 - 07:24 AM
• EUR/USD rallied to 1.04613 in Europe's morning, sellers them emerged
• US yield gains rallied US$; USD/CNH rallied to 7.2932
• Gold and equities moving lower reinforced US$ buying
• EUR/USD hit 1.0419 in Europe's morning, NY opened near 1.0430, down -0.15%
• Falling daily RSI, move below the 5-DMA are concerns for EUR/USD longs
• Rising monthly RSI, monthly bull hammer give longs some comfort
• US Jan. housing starts report, Fed minutes are key risks in NY
eurusd
(Christopher Romano is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
