By Andrew M Spencer — Apr 07 - 08:30 PM
-0.15%, after closing 0.15% lower as euro remains a bellwether for Ukraine
Ukraine expects Russia to suspend hostilities during any papal trip
Should the Pope visit, the market would likely react positively nL2N2W52ZV
French election begins Sunday - Macron leads but Le Penn gains nL2N2W528Z
Charts; 5, 10 & 21 day moving averages slide, 21 day Bollinger bands expand
Momentum studies fall - negative setup as downside pressure builds
NY 1.0936 high then 1.0986/93 10, 21 DMAs are initial resistance
1.0843 lower 21 day Bollinger then 1.0806 March and 2022 low first supports
For more click on FXBUZ
eur Apr 8 Click here
Source:
Refinitiv IFR Research/Market Commentary