💶🔺See Case For Further Upside In EUR/USD: Cable FX Macro
- Rosbel Durán
- 12 minutes ago
- 1 min read
*As seen in Online Tools > Chart Grid, get access now! cablefxm.co.uk
Noting further room to upside in euro-dollar cross as risks on U.S.-China trade dissipate while fiscal concerns in the U.S. are building
Also, market contacts note re-engagement in USD short positioning is starting to ring after a period of reduction.
From a technical perspective, a break above 1.1300 cold trigger further upside momentum in the pair
Market contacts have also noted a rise in interest for EUR/USD topside structures from fast money accounts, particularly in the 3m tenor
Comments