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Nov 12 - 11:55 PM

EUR/USD - Consolidates Above 1.1800 In Quiet Asian Session

By John Noonan  —  Nov 12 - 10:15 PM
  • EUR/USD opened 0.21% higher at 1.1804 and traded in a 1.1801/13 range

  • Heading into the afternoon it is unchanged around 1.1805

  • EUR/USD benefiting from move lower in US Treasury yields on Thursday

  • Support at 1.1775/80 where the 10, 21 and 55-day MAs converge

  • Sellers tipped ahead of 1.1850 with resistance at Tuesday's 1.1843 high

  • EUR/USD likely to remain in range trading mode for the time-being

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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