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Thomson Reuters
Apr 09 - 12:12 AM
EUR/USD - Massive Strikes Strangle In Asia, As A Base Forms
First appeared on eFXplus on Apr 08 - 10:10 PM
  • Consolidates yesterday's USD led 0.4% gain, despite soft data nL8N21Q0XS
  • 1.1245-55 3BLN, 1.1260-65 1.7BLN and 1.1270-75 1.1BLN strikes contain
  • Potential US/EU trade conflict heats up over Airbus subsidies nL1N21Q1PD
  • 1.1176/86, 2019 low in March and 61.8% 2017/2018 rise pivotal support
  • Momentum studies edge higher, 5, 10 & 21 DMAs conflict - little bias
  • Close above 1.1280/84, 21 DMA & 38.2% March/April fall would be bullish

eur apr 9 Click here

Source:
Thomson Reuters IFR Markets

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