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Thomson Reuters
Jun 09 - 11:00 PM
EUR/USD - Poised For Test Of 200 DMA As ECB Trails US Fed
First appeared on eFXplus on Jun 09 - 07:55 PM
  • EUR/USD lifted after less-dovish-than-expected ECB meet last week
  • Seen trailing behind Fed in near future policy action nL4N23G0A0
  • Bullish technical indicators support fundamentals-based rally
  • EUR/USD above daily Ichimoku Cloud, inside uptrend channel
  • Intraday support seen at Cloud 1.1279, Bollinger band 1.1257
  • Bulls aiming to trigger momentum on break of 200 DMA at 1.1366

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