EUR/USD -12/10/2022-
• Bullish on hourly chart, buyers and sellers battling at key trend line support
• Horizontal support at 0.9670, the last line of defense for bulls
• If buyers give up at the above level, the YTD low around 0.95 will be exposed as a target for bears
• CPI figures tomorrow will probably be the key event for fresh impetus
• Horizontal support at 0.9670, the last line of defense for bulls
• If buyers give up at the above level, the YTD low around 0.95 will be exposed as a target for bears
• CPI figures tomorrow will probably be the key event for fresh impetus
Ramzi Abou Abdallah, CFTe, CMT
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