First appeared on eFXplus on Nov 21 - 09:45 PM
Flat in a quiet tight 0.6785/0.6795 range as options contain
0.6785-95 1.1BLN and 0.6900 500M strikes dominated in Asia
Risk bounce in Asia after a soft week, Nikkei +0.6%, AsiaxJP +0.3%
Charts - momentum studies, 5, 10 & 21 DMAs head south - bearish setup
Dip recently stalled at 0.6769, which remains pivotal and vulnerable
NY 0.6783 low and earlier 0.6795 high initial support and resistance
aud 2 nov 22 Click here
Source:
Refinitiv IFR Research/Market Commentary