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Jun 30 - 01:55 AM

EUR/USD - Pivots Around 1.1900 In Quiet Asian Session

By John Noonan  —  Jun 29 - 11:48 PM
  • EUR/USD opened 0.20% lower after USD and JPY firmed during US session

  • It edged higher in early Asia and traded to 1.1909 before sellers capped

  • The low was 1.1893 and it was just below 1.1900 into the afternoon

  • EUR/USD ready to resume trending lower after failing last week below 1.2000

  • FX reflecting concerns over spread of Delta variant and impact on growth

  • USD poised to move higher is US jobs data alters Fed expectations nL3N2OB49R

  • EUR/USD suppist is at the double-bottom at 1.1845/50

  • Resistance is at the 10-day MA at 1.1914

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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