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Sep 22 - 08:55 PM

EUR/USD - Opens Lower As USD Shifts Broadly Higher

By John Noonan  —  Sep 22 - 07:05 PM
  • EUR/USD opens 0.54% lower after the USD moved higher across the board

  • Comments from The Fed's Evans sparked the move up in the USD nL2N2GJ22H

  • EUR/USD low was 1.1692 - validating support @ 38.2 of 1.1680/1,2014 @ 1.1690

  • Former support at 55-day MA at 1.1737 is now resistance

  • A break below 1.1690 would be bearish and force longs to pare back

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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