Sive Morten
Special Consultant to the FPA
- Messages
- 18,685
Good morning,
EUR keeps short-term upside action, which means that market is preparing for dovish Fed statement. But situation is not as obvious, at least based on US 10-year yields that are not dropping. We intend to watch for 1.0720-1.0730 resistance area for short-entry. Upside breakout of this level will turn short-term context into bullish:
EUR keeps short-term upside action, which means that market is preparing for dovish Fed statement. But situation is not as obvious, at least based on US 10-year yields that are not dropping. We intend to watch for 1.0720-1.0730 resistance area for short-entry. Upside breakout of this level will turn short-term context into bullish: