By Martin Miller — Feb 21 - 02:05 AM
EUR/USD's large lower shadow on Friday's candlestick line, a bullish sign
A large lower shadow is seen as a possible rejection of the downside
Scope for gains through 1.0712 Fibo, a daily close above would accelerate
1.0712 Fibo is a 23.6% retrace of the 1.1034 to 1.0613 recent fall
The thick daily cloud, that now spans the 1.0386-1.0678 region, underpins
EUR/USD Trader TGM2334. Previous update nL1N34Z0GM
Source:
Refinitiv IFR Research/Market Commentary