Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 20 - 02:55 AM

EUR/USD - Remains At Risk Of A Drop To Key Fibo Support

By Martin Miller  —  Jul 20 - 02:08 AM
  • EUR/USD bias remains on the downside, overall risk is for further losses

  • Scope for the 1.1695 Fibo, 38.2% of the 1.0636 to 1.2349 (2020 to 2021) rise

  • Fourteen-day momentum remains negative, reinforcing the overall bearish bias

  • Bulls need to force a break back above Monday's 1.1884 (EBS) high

  • EUR/USD Trader TGM2334. Previous update nL1N2OV0AF

Daily Chart: 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
!