Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Aug 07 - 09:48 PM
EUR/USD - Consolidating Around 1.1200 As Factors Offset
First appeared on eFXplus on Aug 07 - 07:00 PM
  • EUR/USD Opens unchanged despite EZ recession fears nL8N2531M3
  • Dovish Fed expectations and US-China trade war uncertainty underpin EUR/USD
  • Consolidation likely to continue, as market awaits fresh developments
  • Support at 10-day MA at 1.1150 and break shifts pressure to the downside
  • Resistance at 61.8 of 1.1412/1.1027 at 1.1264

eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!