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Dec 14 - 08:55 AM

EUR/USD - Demand Kicks In Again Albeit Modest

By Peter Stoneham  —  Dec 14 - 06:40 AM
  • Dollar on the back foot generally and EUR taking advantage: EBS prices

  • Price looks to be gearing up for another leg higher nL1N2IU0B5

  • Any pullback against the run should be held at 1.2041, 23.6% Fibo

  • Fresh Brexit optimism just applying the brakes as EUR/GBP slides 1.2%

  • FX traders are also seeing some cloud pull risk: 10.1761-65 Dec 17

  • EZ Oct ind. Output up 2.1%: beat Rtrs poll estimate nS8N2DN01A

  • EUR/USD initial res. 1.2177 Dec 4 high: 1.2209 30DMA upper Bolli behind

    For more click on FXBUZ






EUR/USD daily candle chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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