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Dec 13 - 05:55 AM

EUR/USD - Little Room For EUR/USD To Drop

By Jeremy Boulton  —  Dec 13 - 03:40 AM
  • Sell-off stretched toward 1.0429 base of 20-day Bollingers

  • The 2024 low at 1.0332 is well below base Bollinger bands

  • Pace of decline may slow or pair may bounce

  • Shrinking German surplus spells trouble for the euro nL1N3NE070

  • The dollar could rise between 5% and 9% nL1N3ND07Y

Source:
London Stock Exchange Group | Thomson Reuters

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