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Thomson Reuters
Oct 01 - 02:36 AM
EUR/USD - Dip-Buyers Will Need To Defend Key Fibo Support
First appeared on eFXplus on Oct 01 - 12:35 AM
  • EUR/USD downside risk heightens as key Fibo line on EBS approaches
  • Probing entrance of daily Bollinger downtrend channel at 1.1593
  • Mon close below 1.1525 breaks 50% retracement, exposes 1.1282
  • USD generally firm even after NAFTA breakthrough
  • Below-forecast China PMI released Sun taints mkt mood nL4N1WG0PZ
  • Eurozone and US manufacturing PMIs due later today

EURfibo: Click here

EURbollinger: Click here

Source:
Thomson Reuters IFR Markets

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