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Derived real-time data in partnership with:
Thomson Reuters
Jan 10 - 08:36 PM
EUR/USD - Retreat Makes Tonight's Close Pivotal For Next Week
First appeared on eFXplus on Jan 10 - 06:30 PM
  • Little changed after closing 0.4% lower - 5th higher daily high & low
  • Price has returned to the prior 1.1500 range top breakout point
  • Neutral momentum studies, 5, 10 & 21 DMAs trend north - positive setup
  • Dip makes tonight's close pivotal technically for next week
  • Above 1.1500 would target a test of 1.1586, 61.8% of the Oct/Nov fall
  • Below 1.1500 to suggest a false break and a return to 1.1300/1.1500

eur jan 11 Click here

Source:
Thomson Reuters IFR Markets

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