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24 Sep 2014
SEB: EUR/USD sellers at the weekly mid-body point- eFXnews
FXStreet (Łódź) - The eFXnews team comment that the SEB points to yesterday's EUR/USD weekly mid-body point just above 1.29 drew responsive sellers.
Key quotes
"(It kept) even the more sensitive short-term bearish trend-following in negative gear."
"The market needs a clean break through 1.2901/04 to abandon it near-term, while below 1.2816 would keep trend-following shorts in."
"Current intraday stretches are located at 1.2810 & 1.2900."
'This content has been provided under specific arrangement with eFXnews.'
Key quotes
"(It kept) even the more sensitive short-term bearish trend-following in negative gear."
"The market needs a clean break through 1.2901/04 to abandon it near-term, while below 1.2816 would keep trend-following shorts in."
"Current intraday stretches are located at 1.2810 & 1.2900."
'This content has been provided under specific arrangement with eFXnews.'