By Andrew M Spencer — May 22 - 07:50 PM
Steady after closing +0.1%, with an inside day - the USD little changed
U.S. debt ceiling negotiations ended with no deal, but talks to continue
Junior doctors in England plan more strikes in the fight for better pay
NHS staff and the government remain a long way from finding a solution
Charts; neutral momentum studies, 5, 10 & 21-day moving averages fall
21-day Bollinger bands expand - negative setup after recent consolidation
Targets a test of 1.2345, 38.2% of the 2023 rise, with 1.2242 50% below
London 1.2414 low and NY 1.2471 high, are initial support and resistance
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary