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Sep 16 - 03:55 AM

EUR/USD - Wobbles Above Chart Canyon, Ahead Of US Data

By Ewen Chew  —  Sep 16 - 01:38 AM
  • EUR/USD wobbles a touch lower Thurs, dangling at a chart ledge

  • Closing below Ichimoku Cloud base 1.1805 might push it lower

  • Bearish momentum will pick up if it breaks 1.1762 support

  • Bollinger downtrend channel will then be engaged, luring shorts

  • Asia stocks fade amid fear of China Evergrande fallout nL4N2QH29O

  • US retail sales, Philadelphia Fed index due later today

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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