EURUSD triggers stops through 1.1210


    Shutterstock photo

    EURUSD leading the charge higher as USD generally remains soft 22 Sept

    Hearing that stop-loss buy orders have been triggered through 1.1210 to post 1.1228 in a rush.

    The move has dragged USDJPY higher too as EURJPY buyers return.

    USDCHF though has mirrored EURUSD and fallen to test 0.9700 demand with EURCHF anchored around 1.0900

    Cable enjoying the opportunity to forge higher after hitting a wall into 1.3060. Offers at 1.3080 and more into 1.3100 the next big test and should provide some value for a short.

    AUDUSD has taken out the offers at 0.7650 but is capping again for the moment.

    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

    This article appears in: Investing , Forex

    More from ForexLive




    Follow on: