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Sep 01 - 09:48 PM
EUR/USD - 1.1000 Strikes Cap, Trend Targets A 1.0863 Test
First appeared on eFXplus on Sep 01 - 07:00 PM
  • Touch firmer in a low key 1.0986/1.0999 range to start the week
  • New ECB policymaker Holzmann says sceptical of more easing nS8N1XB05S
  • Far right AfD gain ground in German regional elections nS8N237012
  • 1.8BLN of 1.1000 strikes will cap and may act as a magnet in Asia
  • Fresh 1.0963 2019 low in NY and a bearish outside week weigh
  • 5, 10 & 21 daily, weekly and monthly MAs all once again show a downtrend
  • First major support is 1.0863, 76.4% of the 2017/2018 climb

eur sep 2 Click here

Source:
Refinitiv IFR Research/Market Commentary

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