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Sep 17 - 03:48 AM
EUR/USD - REFILE-BUZZ-For EUR/USD Normal Service Has Been Resumed
First appeared on eFXplus on Sep 17 - 02:05 AM

Adds currency RICs

  • EUR/USD creeping lower. Volatility suppressed following ECB whip

  • Pair fell as low as 1.0993 yesterday. Opened 1.1010 before ECB

  • EUR/USD closed 1.1002, well below 21-DMA @ 1.1048

  • 21-DMA now represents resistance within current 1.09-1.12 parameters

  • 1.1088 is midpoint of Aug-Sep range 1.1250-1.0926, so neutral ground

  • Large expiries 1.8bln 1.1000-30 may dictate trade close 1.1000 today
















EUR/USD Click here

Source:
Refinitiv IFR Research/Market Commentary

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