EUR/USD: Three reasons to go long here - Citi

Market news

27 July 2021

EUR/USD: Three reasons to go long here - Citi

eFXdata reports that Citi's FX technicals flag their bias for EUR/USD upside:

"i). the divergence between real yields and the USD-index,

ii). triple negative momentum divergence on the USD-index ahead of pivotal resistance, and

iii). momentum flagging ahead of good supports on EURUSD".

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