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Thomson Reuters
Apr 03 - 11:00 PM
EUR/USD - Emerges From Downtrend As Brexit Delay Eyed
First appeared on eFXplus on Apr 03 - 08:55 PM
  • EUR/USD on EBS shakes off bearish chart bias, relief rally ahead
  • Exit from Bollinger downtrend channel confirmed, 1.1225 supported
  • Closing below that would reactivate negative technical cue
  • Short-covering may swing EUR/USD to 20 DMA resistance 1.1283
  • Stronger intraday top seen at bearish trendline 1.1302
  • Possible Brexit delay makes 'no deal' less likely nL8N21L6RV

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