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Apr 18 - 05:55 AM

EUR/USD - Adding To Gains Following Wednesday Signal

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

Refinitiv IFR Research/Market Commentary


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