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Nov 08 - 11:55 PM

EUR/USD - Steady Below 1.1600 In Quiet Asian Session

By John Noonan  —  Nov 08 - 10:14 PM
  • EUR/USD opened +0.20% at 1.1589 and traded 1.1577/91

  • Heading into the afternoon it is settled around 1.1585

  • Resistance is at the 10-day MA at 1.1594 and 21-day MA at 1.1601

  • Support is at yesterday's 1.1550 low where buying interest is tipped

  • EUR/USD bias is for higher after bouncing from 2021 low last week

  • Market eyeing spot gold price as it nears key resistance

  • A break higher in gold may portend USD weakness nL4N2RZ52Z

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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