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Mar 13 - 04:55 AM

EUR/USD - The EUR/USD Chart Is Taking A Turn For The Better

By Martin Miller  —  Mar 13 - 03:40 AM
  • EUR/USD recent gains have continued into the daily Ichimoku cloud

  • The thick daily cloud curently spans the 1.0662-1.0815 region

  • Fourteen-day momentum is on course to turn positive at Monday's close

  • A positive momentum reading would highlight a shift in bias to the upside

  • Bears need a daily below the cloud base to keep the focus on the 1.0459 Fibo

  • 1.0459 Fibo is a 38.2% retrace of the 0.9528-1.1034 (Sept-Feb) EBS rise

  • EUR/USD Trader TGM2334. Previous update nL1N35I0IZ

Refinitiv IFR Research/Market Commentary


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