Derived Data That Drive Results
By Martin Miller — Apr 24 - 02:55 AM
FX traders should brace for a USD fall if the Fed hikes nL1N36O0ND
EUR/USD bias still on the upside as 14-day momentum remains positive
The daily tenkan and kijun lines are bullishly aligned
There is scope for a break above the recent 2023 1.1075 (EBS) peak
Below last week's 1.0909 low will shift the bias back to the downside
Previous update nL1N36O0IK. EUR/USD Trader TGM2334
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
