Opec is scrambling to save the production cut deal ahead of the oil cartel's November 30 meeting as oversupply once again stalks the global market. More to come within the hour....
Squawk / 27 September 2016 at 5:53 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
EURUSD - Support of key average is bullish
Against a background of positive weekly sentiment the 13 day mvg avg again platformed investor demand. This resulted in a 4th up day in a row and 2 week highs. The highs of the day were not maintained as some profit taking at overbought extremes developed but not deep enough to entirely compromise positive signals.
So with intraday dips to be contained near 1.1220, the upside targets for today are 1.1263, 1.1285 or even 1.1328.
Only below 1.1192 is assessed as negative


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