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Derived real-time data in partnership with:
Thomson Reuters
Mar 01 - 12:12 PM
EUR/USD - More Rays Of Hope For Bulls
First appeared on eFXplus on Mar 01 - 10:20 AM
  • US Feb mfg ISM 54.2 vs 55.5 f/c; U Mich Sentiment 93.8 vs 95.7 f/c
  • Downside data surprises weigh upon UST yields, DE-US spreads tighten a bit
  • US$ slides and helps drive EUR/USD up towards the daily cloud
  • Daily techs favor bulls,bull hammer forms, consolidation persists, RSI rises
  • Close above the daily cloud and Feb 28 high ups bull sentiment nL1N20O0H8

chart: Click here

Source:
Thomson Reuters IFR Markets

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