By Andrew M Spencer — Dec 06 - 05:45 PM
Flat around 1.2120 in a 1.2112-1.2135 early range, led by EUR/GBP flow
Brexit stalemate continues - final days to avoid no deal nL1N2IM0HX
Cracks showing in Polish ruling coalition over EU budget veto nL1N2IM05V
EU's budget and relief package to be decided this week nL8N2II4TY
Charts; momentum studies, daily & weekly 5, 10 & 21 MAs track north
Strong bullish setup targets the 1.2556 2018 high longer term
Close below 1.2018 10 DMA needed to undermine the topside bias
NY 1.2110 low and NLondon 1.2177 high initial support-resistance
For more click on FXBUZ
eur 3 dec 7 Click here
Source:
Refinitiv IFR Research/Market Commentary