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Sep 13 - 06:55 AM

EUR/USD - Influential Players May Seize The Opportunity To Sell EUR/USD

By Jeremy Boulton  —  Sep 13 - 04:45 AM
  • EUR/USD bounces 0.9864-1.0198 between Sep 6 and Sep 12

  • Central banks looking to replenish or alter balance reserves may sell

  • USD afforded great support if central banks replenish reserves nL1N30K0G3

  • EUR/USD has reached daily Ichimoku cloud, 100-DMA is close peak cloud

  • This is an area of imposing resistance within the steep drop inspired by Fed

  • SNB, active lately, may join list potential sellers nL1N30F0F0


Source:
Refinitiv IFR Research/Market Commentary

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