By Martin Miller — Dec 02 - 03:45 AM
History suggests USD set for a rough December nL1N32R0L2
The EUR/USD weekly chart shows this market has much more upside
If there is a close at the end of this week above the 1.0512 Fibo = bullish
1.0512 Fibo is a 50% retrace of 1.1495 to 0.9528 (Feb to Sept) EBS drop
Fourteen-week momentum remains positive, reinforcing the bullish market
We are looking to get long at 1.0465 in anticipation for much bigger gains
EUR/USD Trader TGM2334. Previous update nL1N32R0H2
Source:
Refinitiv IFR Research/Market Commentary