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Jun 22 - 06:55 AM

EUR/USD - Last Week Ended Badly For EUR/USD Traders And Now A Great Start

By Jeremy Boulton  —  Jun 22 - 05:00 AM
  • Frustrating end last week for EUR/USD traders betting on a rise nL1N2DZ08P

  • Today pair well supported from the open rising 1.1197-1.1223 (EBS)

  • Optimistic outlook for ECB/Consitutional Court ruling helps nL1N2DZ0DB

  • EUR/CHF also rallying. Possibly helped by SNB nL1N2DZ0DT

  • S-term techs to watch. Hourly cloud 1.1217-40. 100-HMA 1.1232 200-HMA 1.1274

  • Friday EUR/USD peaked ahead 100-HMA then 1.1257 and ECB's 13.15GMT fix

  • After that pair fell to 1.1168 within two hours




EUR/USD hourly Click here

Source:
Refinitiv IFR Research/Market Commentary

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