First appeared on eFXplus on Nov 18 - 02:45 AM
EUR/USD has risen back to the middle of the rough 1.09-1.12 range
Traders short EUR/USD are likely to pare some risk ahead of year-end
Flows set to underpin EUR/USD and fuel a more bullish tech situation
EUR/USD set to close over daily Ichimoku cloud at 1.1064
Expect pressure on 21/55-DMAs next at 1.1086 and 1.1095
Sustained rise over top of the range and 200-DMA @ 1.1178 not likely
Gradually falling downtrend well established. Vols very low, flow one-off
EUR/USD Click here
Source:
Refinitiv IFR Research/Market Commentary