By Andrew M Spencer — Apr 20 - 08:35 PM
-0.1% as yen leads USD higher, after Wednesday's round of USD profit taking
Macron win TV Le Pen debate - leads polls into Sunday election nL2N2WI0UR
Election polls no longer accurate indicator, as seen in many countries
Unlikely Le Pen win would fundamentally change EU outlook and hit EUR hard
Charts; neutral 5, 10 & 21 DMAs, 21 day Bollinger bands slip - neutral setup
Close above 1.0838 10 DMA was a positive signal - 1.0921 21 DMA pivotal
1.0758 March and 2022 low then 1.0716 lower 21 day Bollinger key supports
1.0900/05 3.325 BLN are Thursdays closest significant strikes
For more click on FXBUZ
eur Apr 21 Click here
Source:
Refinitiv IFR Research/Market Commentary