By Andrew M Spencer — Aug 17 - 11:35 PM
+0.05% in a 1.2747-1.2765 range with plenty of activity on D3
The U.S. dollar eased with U.S. Treasury yields, 10yr off 5bp to 4.254%
UK retail sales lead event risk in London - RTRS poll -0.5% M/M, -2.1% Y/Y
Charts; neutral daily momentum studies, 21-day Bollinger bands contract
5, 10 & 21-day moving averages coil - daily signals show little bias
Well tested 1.2627, 61.8% of the May/July fall is pivotal support
The New York 1.2726-1.2788 range is initial support and resistance
1.2700 636 mln and 1.2785 446 mln are the close strikes for August 18th
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary