Derived Data That Drive Results
By Jeremy Boulton — Dec 23 - 02:55 AM
EUR/USD drop pauses after becoming oversold nL1N3NO04Q
Resumption of downtrend remains most likely
Rapid drop unlikely given shorts and stretched conditions
Slow slide toward parity may unfold
Targets above parity where shorts may book profits: 1.0293, 1.0189, 1.0085
Targets below parity 0.9937 and 0.9748
Prior significant lows: Nov 2022 1.0222, Oct 2022 0.9898, 0.9730 and 0.9528
EURUSD targets Click here
Source:
London Stock Exchange Group | Thomson Reuters
