By Christopher Romano — Apr 21 - 10:00 AM
EUR/USD rallied to 1.0993 on EBS in early NY trading then fell
April S&P Global PMI surprises to the upside, highest in 11-months
US rates SRAU3 erased earlier losses, turned +ve; US$ rallied
EUR/USD turned negative and fell below the 10-DMA, hit 1.0954 on EBS
Daily RSI diverged on the 4-session high set earlier and is falling
April 17 daily low, 21-DMA supports in focus, break target 1.0830/50
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary