By Christopher Romano — Mar 28 - 01:35 PM
EUR/USD hit 1.0775 on EBS in Europe's morning, NY opened near 1.0790
Pair neared 1.0820 after US yields US2YT=RR softened & US data released
USD/CNH pull back from high, equity gains & gold rally also buoyed EUR/USD
EUR/USD slid, sat just below 1.0800 late as yields, US$ firmed up again
Long lower wick formed on daily candle but pair sat below the daily cloud
Monthly gravestone doji candle, falling daily RSI are bearish signals
Japan March CPI Tokyo, US Feb. PCE are key risks for Friday
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary