By Jeremy Boulton — Apr 10 - 04:50 AM
• EUR/USD rises to 1.1047 EBS soon after trading 1.0888
• Rally follows tariff delays - trade war has damaged USD's reputation
• Top hourly Bollingers is 1.1054, daily 1.1045, weekly 1.1035
• Overbought conditions likely to slow rally, rather than stop it
• Dips may remain shallow ahead test key upside levels
• Lower oil - key to direction FX markets - will underpin EUR/USD
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EURUSD
(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
