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Tuesday, April 06, 2021

New highs incoming at 131 and beyond...

New highs incoming at 131 and beyond...

Before:

snapshot

More pronounced resurgence in the Yen has dragged the DXY down through 92.500 to test chart support in the form of a Fib retracement.

Market contacts note that buying in EUR/JPY started around 130.00 and continued all the way down to at least 130. 40 . Further bullish momentum anticipated.

Note also, another Eurozone sentiment survey topped consensus by a decent margin as the Sentix Index hit its best level since August 2018.

from Trading Ideas https://ift.tt/3dH5fk8
via gqrds

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