14.09.2017 • 15:00 GMT
EUR/USD Takes a Step Towards Reversal
John Kicklighter
• US equity indexes hit a simultaneous record high, but risk conviction is flagging with momentum and consistency
• EUR/USD dropped below 1.19 to weigh the first line of trendline support and subsequently raise speculation of reversal
• Top event risk ahead is the BoE rate decision leveraged with strong CPI data; but US CPI, Aussie jobs and SNB decision matter
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