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Dec 02 - 11:00 PM
EUR/USD - Slips Off Foothold As US Threatens EU Tariffs
First appeared on eFXplus on Dec 02 - 08:55 PM
  • EUR/USD slips below key chart support Kijun Sen line at 1.1078; last 1.1072

  • Close above affirms Ichimoku Cloud breakout, also Bollinger uptrend channel

  • If bullish signals confirmed, 200 DMA at 1.1162 could then be possible

  • But risk-off in stocks cued by new US trade tariffs may derail rally

  • US taxes Brazil and Argentina steel, eyes French tariffs nW1N27O00F

  • White House emboldened by WTO ruling, may lift EU tariffs nL1N28C172










Source:
Refinitiv IFR Research/Market Commentary

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