Derived Data That Drive Results
By Martin Miller — Nov 11 - 02:40 AM
EUR/USD's price action shows the overall risk is on the downside
Scope is for losses to the 1.0602 2024 (EBS) low
14-day momentum remains negative, highlighting the bearish bias
We are looking to get short at 1.0780, ahead of the tenkan line (1.0810)
The tenkan line is the midpoint of the last nine trading sessions
EUR/USD Trader TGM2334. Previous nL1N3MF0EK. Dollar nL1N3MF0GG
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
