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EUR/USD barriers continue to fall, can't hold above 1.1050

Source: Thomson Reuters EUR/USD bounce off earlier low can't hold above 1.1050, USD lift followed Bears press their case and clear the 1.1000 barrier, Long-Term bears have Sep '03 low eyed RSIs oversold but show no diver…

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EUR/USD barriers continue to fall, can't hold above 1.1050
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Source: Thomson Reuters


  • EUR/USD bounce off earlier low can't hold above 1.1050, USD lift followed

  • Bears press their case and clear the 1.1000 barrier, Long-Term bears have Sep '03 low eyed

  • RSIs oversold but show no divergence, won't impede losses

  • Spread tightening still ignored; stops below run, and a new long-term trend low (1.0988) hit

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