Derived Data That Drive Results
By Jeremy Boulton — Apr 16 - 05:45 AM
April 16 sees EUR/USD fall to 1.0603 EBS
EUR/USD drop stretched below 1.0626 base 20-day Bollingers
The 1.0596 mark is 76.4% Sep-Dec rise, break would target 2023 low 1.0448
Oversold conditions may lead to minor consolidation ahead deeper drop
Recoveries unlikely to go much beyond prior 2024 low at 1.0695
Two big changes to alter the path of FX markets nL2N3GP0MA
EURUSD Click here
Source:
Refinitiv IFR Research/Market Commentary
