Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Aug 25 - 11:00 PM
EUR/USD - Strong Close To Flag A Breakout, Strikes Cap Early
First appeared on eFXplus on Aug 25 - 08:00 PM
  • Little changed after stalling at 1.1164 early, after a bullish outside day
  • USD sold on US/China trade turmoil Friday - little weekend progress
  • Trump regrets not raising tariffs on China higher nL5N25L0H2
  • 1.1100 1.6BLN, 1.1150 907M, 1.1165 300M and 1.1215-25 1BLN strikes
  • Well tested TL from the June high is pivotal resistance at 1.1173
  • Daily charts show conflicting momentum studies, 5, 10 & 21 DMAs
  • Neutral setup but a close above 1.1175 would be a strong bullish signal

eur aug 26 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!