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Mar 22 - 01:55 AM

EUR/USD - Settles Just Below 1.1900 After Gap Filled

By John Noonan  —  Mar 21 - 11:22 PM
  • EUR/USD fell to 1.1870 in early Asia on the back of EUR/JPY selling

  • EUR/JPY fall a knock-on of TRY/JPY collapse after Turkey C.Bank chief sacked nL1N2LJ05O

  • EUR/USD spent rest of the morning filling in the gap and it traded 1.1900

  • Heading into the afternoon it was settled around 1.1895

  • Support for EUR/USD is at 200-day MA at 1.1852 and March 9 low at 1.1835

  • Resistance comes in at the 10-day MA at 1.1930 and 21-day MA at 1.1997

  • EUR/USD may get relief from the US 10-year yield easing to 1.68% from 1.72%

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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