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Sep 09 - 10:55 PM

EUR/USD - Key Support Held - Range Survives Into The ECB

By Andrew M Spencer  —  Sep 09 - 08:35 PM
  • Flat after closing +0.25% on broad USD weakness, as Wall Street bounced

  • ECB to leave policy unchanged - balanced, but cautious tone on the economy

  • Lagarde is unlikely to say anything to encourage EUR strength nL8N2G63QT

  • 1.1775-85 1.2BLN, 1.1790-1.1800 1BLN, 1.1855-60 400M close strikes contain

  • Techs; 5, 10 & 21 DMAs conflict, 21 day Bolli's contract, neutral setup

  • 1.1753/57 NY, late August range low, and lower 21 day Bolli initial supports

  • 1.1750/55 solid support Wednesday, break targets 1.1690, 38.2% Jun-Sep rise

  • 1.1834 NY high then 1.1841-50 21 and 10 DMAs first resistances

    For more click on FXBUZ

eur sep 10 Click here

Source:
Refinitiv IFR Research/Market Commentary

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