By Peter Stoneham — Apr 13 - 02:00 AM
EUR stalling following back to back daily gains
Tight action early Thurs ahead of 30DMA upper Bolli, 1.1044-EBS pricing
Positive daily momentum has extended and supports further gains
Support at 1.0949 and 1.0918, 100WMA and 10DMA respectively
Main level topside the 1.1034 Feb. 2 and 2023 high
Still respecting the move higher but a chance of better buying levels
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Source:
Refinitiv IFR Research/Market Commentary