By Andrew Spencer — Jun 01 - 07:57 PM
• +0.05% after closing -0.15% with the USD +0.2%, despite the busy news wires
• Russia and Ukraine step up the war on the eve of peace talks
• Right-wing Nationalist Nawrocki is narrowly ahead in the Polish election
• Europe bristles at US proposals at the Asian gathering in Singapore
• Charts - neutral 5, 10 & 21-day moving averages, and 21-day Bollinger bands
• Daily momentum studies flat-line - daily chart shows no strong bias
• 1.1278 21-day moving average, then 1.1211 low last week are initial supports
• 1.1425 April 25th high and 1.1437 upper 21-day Bolli band first resistance
• 1.1345 983mln, 1.1350 1.692 BLN 1.1365 678mln close June 2nd strikes
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters