By Peter Stoneham — Apr 12 - 01:45 AM
Looking more constructive having based at 1.0832 Monday
Daily positive momentum confirming the latest gains
The 100-week moving average comes in at 1.0948
The average has been above market since October 2021
Daily resistance levels patchy until the recent 1.0970-73 highs
Bulls can target the 1.1034 2023 high while price above 1.0832
We await stronger signals before putting a trade on
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary