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Worth keeping an eye on the EUR

EUR

EUR is still trending higher, albeit at a lower pace, but nonetheless testing 1.2300 once again this morning, and highest since April 2018.

  • EUR leads gains against the GBP in G10, up 0.75%, closely followed versus the Dollar, up 0.68%
  • Further upside extension, will put the ECB in focus, given the EUR appreciation and the concerns that may arise.

Quick resistance tech.

  • EURUSD comes at 1.2310 High Dec 30 and the bull trigger
  • EURGBP is at 0.9024 50-day EMA

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