By Jeremy Boulton — Nov 26 - 09:35 AM
U.S. holiday suppresses activity and EUR/USD slips away from a major level
EUR/USD traders broadly hope pair tests 2020 high at 1.2014 soon
Today EUR/USD opened 1.1926 in Europe, traded 1.1941 early then dipped
Pair reached a 1.1885 low before climbing to 1.1900
Low represents a dip into hourly Ichimoku cloud, pair back above top 1.1895
Hourly cloud base 1.1865 and 200-HMA at 1.1870 offer support below
Daily Ichimoku cloud 1.1813-1.1766 and 100-DMA 1.1762 are strong support
Is EUR/USD rallying at the wrong time? nL1N2IC0EJ
EURUSD Click here
EUR/USD hourly Click here
Source:
Refinitiv IFR Research/Market Commentary