By Martin Miller — Jul 19 - 02:35 AM
EUR/USD recently traded at the lowest levels seen since Dec 2002
14-week momentum is negative, highlighting the underlying bearish market
As does the negative alignment of the daily tenkan and kijun lines
S-term recovery has broken 1.0149 Fibo, bulls need a daily close above
1.0149 Fibo, a 23.6% retrace of the 1.0787 to 0.9952 (EBS) drop
EUR/USD Trader TGM2334. Previous EUR/USD update nL1N2YX0G1
Source:
Refinitiv IFR Research/Market Commentary