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Thomson Reuters
Jun 14 - 08:36 PM
EUR/USD - Bargain Hunting Into ECB Shock Likely Short Lived
First appeared on eFXplus on Jun 14 - 06:25 PM
  • +0.1% pre Tokyo, after slumping 1.9% as Draghi shocked markets nL8N1TG0UZ
  • Major bearish outside day, with no hourly bounces offshore since ECB
  • Market caught wrong footed - disparate ECB/Fed outlooks to reprice EUR/USD
  • Fall leaves momentum studies, 5, 10 & 20 DMAs edging lower - negative setup
  • 1.1600 1.2BLN, 1.1615 430M & 1.1650 1BLN strikes to cap in Asia
  • 1.1510 May & 2018 low, then 1.1448, 50% 2017/2018 rise support

eur jun 15 Click here

Source:
Thomson Reuters IFR Markets

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