Derived Data That Drive Results
By Martin Miller — Nov 15 - 03:55 AM
EUR/USD has rebounded from Thursday's new 2024 1.0556 (EBS) low
Which is unsurprising as the market remains oversold
Oversold as spot is trading below the 30-day lower bollinger-band
30-day lower bollinger-band is currently at 1.0578
As fourteen-day momentum remains negative, overall outlook bearish
Scope is for an eventual extension to probe October 2023 1.0482 (EBS) low
EUR/USD Trader TGM2334. Previous update nL1N3ML0C3
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
