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EUR/USD rallying seemingly without any momentum

Seems speculators have little will to hold positions, cut shorts taken on EU open Asia spoke of heavy offers above 1.0750 and layered to 1.0800 Latest buying to attract fund buyers, on break 200-HMA 21-DMA 1.0792 & 50% p…

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  • Seems speculators have little will to hold positions, cut shorts taken on EU open

  • Asia spoke of heavy offers above 1.0750 and layered to 1.0800

  • Latest buying to attract fund buyers, on break 200-HMA

  • 21-DMA 1.0792 & 50% post NFP fall @ 1.0778 are draws for top-pickers 

 

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