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May 21 - 04:55 AM

EUR/USD - Impending EUR/USD Buy Signal Anticipated Following G7 Meeting Insight

By Jeremy Boulton  —  May 21 - 02:40 AM

• The 100-DMA at 1.0790 is set to cross above the 200-DMA at 1.0799

• Regardless G7 policy signal will fuel already bullish sentiment

• Ahead meeting EUR/USD rally likely to falter

• Unprecedented surplus can support much higher euro


EURUSD


(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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