By Martin Miller — Feb 12 - 02:49 AM
EUR/USD on Tuesday closed above the falling trend-line now at 1.2085
Falling trend-line that originated from the Jan 22 1.2190 high
Scope grows for an eventual retest of the daily cloud top at 1.2234
However, bulls need a daily close above kijun line that fell to 1.2119
They also need a close above a key 1.2151 Fibonacci level
1.2151 Fibo, a 50% retrace of the 1.2349 to 1.1952 (Jan to Feb) EBS drop
EUR/USD Trader TGM2334. Previous update nL1N2KH0NY
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary