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Thomson Reuters
Apr 10 - 12:12 AM
EUR/USD - Large Strikes Contain Into ECB And Brexit Summit
First appeared on eFXplus on Apr 09 - 08:55 PM
  • Shade firmer after closing little changed, as resistance around 1.1280 held
  • ECB not expected to hold - focus on Draghi's forward guidence nL3N21R2N5
  • 1.1225 509M, 1.1245-50 1.2BLN and 1.1260-75 2BLN strikes support/contain
  • Momentum studies edge higher, neutral 5, 10 & 21 DMAs - little bias
  • 1.1176/86, 2019 low in March and 61.8% 2017/2018 rise pivotal support
  • Close above 1.1279/84, 21 DMA & 38.2% March/April fall would be bullish

eur apr 10 Click here

Source:
Thomson Reuters IFR Markets

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