Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 13 - 04:55 AM

EUR/USD - Chart Shows Major Fibo Support That Needs To Be Broken

By Martin Miller  —  Feb 13 - 03:00 AM
  • EUR/USD recently found support ahead of 1.0712 Fibo, bears need to break

  • 1.0712 Fibo, is a 61.8% retrace of the 1.0448-1.1139 (Oct to Dec) EBS rise

  • 14-day momentum bearish, tenkan and kijun lines are negative aligned

  • We are looking to short at 1.0850, as the upside should be limited

  • Thick daily cloud, that spans the 1.0828-1.0970 region, should weigh

  • EUR/USD Trader TGM2334. Previous update nL2N3EX0BI

  • Dollar shorts have thrown in the towel nL2N3EX0E3

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!