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Oct 20 - 03:55 AM

EUR/USD - Easier Bias But Still Eyes 1.0640-50

By Peter Stoneham  —  Oct 20 - 02:45 AM
  • EUR/USD cleared the 10-21-DMAs Thurs, 1.0567-61-EBS pricing

  • Rally struck a five-session high of 1.0617

  • Daily and monthly RSIs are rising

  • A long legged doji candle is in place for Oct

  • Bull signals increasing but EUR/USD contained within a 1.0445-1.0655 zone

  • Fourteen day momentum confirming latest price lift

  • Short-term trend support intact at 1.0528

  • We lean bullish but stand aside for now

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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