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Jul 20 - 11:55 PM

EUR/USD - Edges Back Above 1.0200 On Pre-ECB Positioning

By John Noonan  —  Jul 20 - 10:50 PM
  • EUR/USD bid in Asia and it has edged back above 1.0200 in quiet trading

  • A big day for the EUR/USD with the ECB set to hike for 1st time in 11 years nL1N2Z10RW

  • The market is also eyeing details of ECB anti-fragmentation tool

  • Russian gas flows into the EU set to resume while Italian politics distract nL8N2Z0309nL1N2Z10E6

  • Resistance is at 1.1273 where yesterday's high and the 21-day MA converge

  • Support is at the 10-day MA at the 10-day MA at 1.0118

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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