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Thomson Reuters
Dec 23 - 11:00 PM
EUR/USD - Consolidates In Thin Holiday Markets
First appeared on eFXplus on Dec 23 - 09:15 PM
  • EUR/USD has traded in a 1.1355/90 range during a quiet Asian morning session
  • Low at 1.1355 was hit early when EUR/GBP and EUR/JPY selling weighed
  • Bounce above 1.1380 due to USD selling related to DC political uncertainty
  • Report Mnuchin spoke to 'Plunge Protection Team' helped settle risk assets
  • S&P futures up close to 0.50% after opening 0.25% lower
  • EUR/USD resistance at 100-day MA at 1.1482 and trend high at 1.1500
  • Support at 21-day MA at 1.1355 and quadruple bottom at 1.1260/70

eur/usd Click here

Thomson Reuters IFR Markets


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