By Peter Stoneham — Apr 18 - 03:45 AM
EUR/USD narrowly recorded a bullish engulfing candle Wed
Early Thurs gains adding some confirmation but today's close now key
A minimum correction level met at 1.0669-EBS
The next Fibonacci retracement levels re at 1.0710 and 1.0744
Fourteen day momentum still negative and RSI has lifted from o/s levels
We offer by 1.0725 but might reevaluate our strategy later today
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary