By Martin Miller — Jan 29 - 02:26 AM
Dollar medium-term outlook fragile into month-end nL1N2K311Z
EUR/USD scope grows for gains to retest the 1.2202 Fibo
1.2202 Fibo is a 50% retrace of the 1.2349 to 1.2054 January fall
Bulls remain supported by thickening daily cloud support
The daily cloud currently spans the 1.1938-1.2114 region
We are long at 1.2120 for gains to 1.2260 obj, stop under Jan's 1.2054 low
EUR/USD Trader TGM2334. Previous update nL1N2K30LN
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary