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Jul 16 - 01:55 AM

EUR/USD - Steadies Above 1.1800 In Quiet Asian Session

By John Noonan  —  Jul 15 - 11:45 PM
  • EUR/USD opened 0.22% lower at 1.1810 after USD and JPY rose on risk aversion

  • It was a quiet session for the EUR/USD as it traded in a 1.1802/17 range

  • Heading into the afternoon it is unchanged around 1.1810

  • Support is at the double-bottom at 1.1772 with break targeting 1.1704

  • Resistance is at the 21-day MA at 1.1867 and break ends down-trend

  • US retail sales later today could set general direction for the USD

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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