Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 24 - 08:55 PM

EUR/USD - Inside Day Leaves Downtrend Stalled, But In Play

By Andrew M Spencer  —  Jun 24 - 07:08 PM

  • Steady after closing little changed - stalled with an inside day

  • EU, U.S. can end steel and aluminium tariffs by end of year nW1N2MX02P

  • Removing tariffs would be a major step forward in EU-US relations

  • Charts; 21 day Bollinger bands ease, 10 & 21 daily moving averages fall

  • Trending setup targets 1.1837, 76.4% March-May rise, which held Friday

  • Close above the 1.1997 200 DMA needed to undermine the downside bias

  • 745M 1.1895/10, 812M 1.1915/30 and 840M 1.1950 are today's close strikes

  • NY 1.1920 - 1.1956 range is initial support and resistance

For more click on FXBUZ


eur jun 25 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!