By Andrew M Spencer — Dec 08 - 08:45 PM
+0.45% with the U.S. dollar off 0.3%, with risk appetite resilient in Asia
AsiaxJP stocks +0.95%, Nikkei +1.2%, E-mini S&P +0.05%, 10yr USD -1bp 3.472%
Move higher has turned the daily signals from neutral to positive
Charts; momentum studies conflict, 5, 10 & 21 day moving averages climb
21 day Bollinger bands edge higher - uptrend is back in play
Key levels are 0.6590 38.2% Oct-Dec rise and 0.6851 Dec high
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Source:
Refinitiv IFR Research/Market Commentary