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Nov 27 - 02:55 AM

EUR/USD - FX Traders Might Consider Value At 10DMA

By Peter Stoneham  —  Nov 27 - 01:50 AM
  • Cloud base to cloud top on mthly chart and pick up in 14-mth bull momentum

  • So far ignoring a January 2021 twist down at 1.1471-91

  • Weeklies set to close above previous 1.1920 peak: eyes 2020 high at 1.2014

  • Dailies tracking 30DMA upper Bolli, 1.1961 today

  • Very much a buy on dips market to the low 1.18s

  • Aggressive accounts might consider value at the 10DMA, 1.1885









EUR/USD Trader

EUR/USD monthly chart: Click here

EUR/USD daily candle chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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