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Mar 31 - 08:55 PM

EUR/USD - Opens Slightly Higher After Quarter-End Flows Support

By John Noonan  —  Mar 31 - 07:02 PM
  • EUR/USD opens 0.12% higher at 1.1730 after trading as high as 1.1760

  • Quarter-end flows supported EUR/USD to the highs it eased in US afternoon

  • The US 10-year yield moved higher to help USD remain bid into close nL1N2LT2LZ

  • EUR/USD trending lower after 7 straight days of making a lower high

  • Resistance is at yesterday's 1.1760 and break targets 10-day MA at 1.1800

  • Fibo support is at the 38.2 of the 1.0636/1.2349 move at 1.1694

  • A clear break of 1.1690 targets trend low at 1.1602

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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