Derived Data That Drive Results
By Peter Stoneham — May 26 - 02:30 AM
Back to back daily hammer candles hint at supply fade
Our 0.8675 bid filled Thurs and we now target 0.8760 with a stop at 0.8645
Recent price churning has clouded direction
Close above the 0.8717 high from May 23 needed to strengthen the bull call
Fourteen day momentum and RSI are back to neutral levels
Potential weekly Doji adds to the reversal risk
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EUR/GBP Trader:
EUR/GBP daily candle chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
