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Jun 15 - 04:55 AM

EUR/USD - Is Close To The Points It Should Top

By Jeremy Boulton  —  Jun 15 - 02:50 AM
  • EUR/USD rallies likely to be limited and short lived nL1N2Y20DG

  • Minor corrections of pre-Fed fall are 1.0488 and 1.0525

  • Base daily Ichimoku cloud is 1.0637, tomorrow it will be 1.0576

  • Clod is thick to 1.0858, (tomorrow 1.0770) so is hard to break

  • EUR/USD was slightly oversold on daily chart Jun 13/14

  • It is not oversold anymore. The main reason to buy no longer exists



EUR/USD Click here

Source:
Refinitiv IFR Research/Market Commentary

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