By Andrew M Spencer — Feb 16 - 09:40 PM
-0.3% with risk appetite under pressure on hawkish Fed concerns =USD +0.25%,
E-mini S&P -0.3%, 10yr UST +3bp 3.895%, Nikkei -0.55%, AsiaxJP -0.7%
Trades at the base of an occasionally busy 1.1951-1.1983 range on D3
End game for Northern Ireland for post-Brexit talks approaching
Charts; 5, 10 & 21 day moving averages, 21 day Bollinger bands slide
Momentum studies edge lower - daily signals show strong negative signals
Close above tested 1.2202 21 day moving average would end downside bias
1.1961 Feb base break in Asia targets a test of 1.1842 2023 base
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary