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Thomson Reuters
Jan 31 - 03:48 PM
EUR/USD - Bull Run Put On Hold By ECB's Weidmann
First appeared on eFXplus on Jan 31 - 01:35 PM
  • EUR/USD heavy in Europe's morning on Italian GDP & German sales data
  • Slide extends in NY on the US$ bounce and ECB's Weidmann comments
  • Weidmann comments on DE GDP & ECB mon pol weigh on euro nF9N1XJ00X
  • Daily techs lean bearish, RSI diverges & an inverted hammer forms
  • Pair still above daily cloud & slew of daily MAs, rally could resume
  • EUR/USD gains still likely but not because euro is loved nL1N1ZV0T4

chart: Click here

Source:
Thomson Reuters IFR Markets

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