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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

Corrective Rebound The EURUSD.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Corrective Rebound
The EURUSD rebound has approached the 1.1611/14 resistance area (Aug 3 spike
high and 38.2% retracement level of recent decline), consistent with a
correction. A recovery through 1.1656 would still be required to stabilise the
near-term outlook. Failure at the initial 1.1611/14 hurdle will return the focus
to the downside, with a close below 1.1525/30 adding weight to the bearish
scenario. A break below the YTD low of 1.1509 resumes longer-term downtrend.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com