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Oct 30 - 11:00 PM
EUR/USD - Outside Day Validated - October High Vulnerable
First appeared on eFXplus on Oct 30 - 08:45 PM
  • Up 0.1% after closing 0.3% higher, as the USD fell with UST yields post FOMC

  • Barnier said no-deal Brexit possible, trade talks "difficult" nL8N27F76O

  • Bullish outside day Tuesday was validated by yesterday's strong close

  • Leaves momentum studies 5, 10 & 21 DMAs rising - modest positive setup

  • 1.1180 October high then 1.1208, 61.8% 2019 fall first resistance

  • 1.1065, 38.2% of the October rise and recent range base and major support

  • 1.1095-1.1100 900M and 1.1200 1BLN are the close strikes today



eur oct 31 Click here

Source:
Refinitiv IFR Research/Market Commentary

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