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Mar 11 - 05:55 AM

EUR/USD - Has Scope For Much Bigger Gains In Coming Sessions

By Martin Miller  —  Mar 11 - 04:15 AM
  • EUR/USD moves from Feb's 1.0695 (EBS) low closed above the cloud last week

  • The thickening daily Ichimoku cloud now spans 1.0856-1.0931 region

  • 14-day momentum remains positive, reinforcing the overall bullish market

  • Scope for to retest the Jan 11 1.1000 high, then the Dec 1.1139 peak

  • We are looking to get long at 1.0935, just ahead of the daily cloud

  • EUR/USD Trader TGM2334. Previous update nL2N3FM0L5

Source:
Refinitiv IFR Research/Market Commentary

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