Eurozone core inflation momentum firmed in October to its highest rate since May according to this a...
Find more articles and bullets on these widgets:
Prices bounced Wednesday, despite the short-term bear cycle. Recent weakness has resulted in a print below the 50-day EMA, currently at 112-10+. A clear break of this average would undermine a bull theme and signal scope for a deeper retracement. This would open 111-13+, the Aug 18 low and the next key support. On the upside, initial firm resistance to watch is unchanged, at 113-00, the Sep 24 high.