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Derived real-time data in partnership with:
Thomson Reuters
Jun 11 - 11:00 PM
EUR/USD - Slow Motion Recovery Remains In Play For 1.1367
First appeared on eFXplus on Jun 11 - 08:55 PM
  • Shade firmer after yesterday's 0.1% gain, as the current bounce extends
  • Italy/EU budget impasse continues, a viable compromise elusive nL8N23I0JN
  • Charts show momentum studies climbing, 5, 10 & 21 DMAs track north
  • Net positive setup initially targets 1.1367, 76.4% of the March/May fall
  • 1.1300 600M and 1.1350 666M are the close strikes today
  • NY 1.1301/1.1338 range is initial support/resistance

eur jun 12 Click here

Source:
Thomson Reuters IFR Markets

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