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Jan 13 - 01:55 PM

EUR/USD - Dip Buyers Likely Targeting Key Fibos

By Christopher Romano  —  Jan 13 - 12:30 PM
  • EUR/USD overnight dip is limited, it stalls near the daily cloud top

  • Dip buyers emerge & broad based US$ sales drive EUR/USD higher

  • EUR/USD hits a 2-month high and techs highlight upside risks

  • Rising daily and monthly RSIs imply upside momentum is in place

  • January's bull hammer candle & cloud support reinforce bullish techs

  • EUR/USD dip buyers likely target 50%, 61.8% Fib of 1.1909-1.1186 drop

  • For more click on FXBUZ





eurusd Click here

Source:
Refinitiv IFR Research/Market Commentary

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