By Jeremy Boulton — Aug 27 - 05:35 AM
EUR/USD is trading above top of 20-week Bollinger Bands
This week's 1.1201-1.1150 range entirely above 1.1139 peak
EUR/USD has surpassed top 20-month bands at 1.1136
Top 20-day bands 1.1236 may encourage specs to stretch themselves further
Centre of 20-week Bands is 1.0853 roughly mid-point 2023 range
The weekly cloud twists near 1.0800 in Jan 2025 - twists attract
Source:
Refinitiv IFR Research/Market Commentary