Free Trial

Stuck In The Range EURUSD has.....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Stuck In The Range
EURUSD has so far failed to build on gains above 1.14, suggesting the recent
downtrend remains intact. Bears focus remains on up trendline support off the
Nov low at 1.1340, below here opens a run at the ytd low at 1.1309. Bulls need
to close above 1.14 to stabilise the outlook and target 1.15. Above here would
put the focus back on the Jan 10 high at 1.1570.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.