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Jul 30 - 03:55 PM

EUR/USD - Troubling Signs Emerge Into Weekend, Month End

By Christopher Romano  —  Jul 30 - 01:54 PM
  • EUR/USD falls from 1.1909 EBS high in Europe am, NY opens near 1.1900

  • US$, rates firms after slew of US data released nL1N2P52DBnL1N2P52IE

  • EUR/USD slide extends nL1N2P618B, drop aided by slight risk-off theme

  • Pair turns negative on the session, hits 1.18515 (EBS), near 1.1860 late

  • Price action produces bearish tech signals into weekend, month end

  • Daily RSI diverges, daily inverted hammer & monthly doji candles form

  • After false break old range likely to persist into US jobs nL1N2P61MF

  • For more click on FXBUZ




eurusd Click here

Source:
Refinitiv IFR Research/Market Commentary

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