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Derived real-time data in partnership with:
Thomson Reuters
Jan 31 - 02:36 AM
EUR/USD - Well Bid - But Sticky Above 1.1500
First appeared on eFXplus on Jan 30 - 10:35 PM
  • EUR/USD edging above 1.1500 heading into the afternoon session
  • USD remains broadly offered in the wake of the dovish Fed statement
  • EUR/USD sellers above 1.1500 helping to cap gains for time being
  • Key resistance at 1.1560/70 in focus as sentiment turns bullish
  • The 200-day MA comes in at 1.1562 and the Jan 10 trend high at 1.1570
  • Clear break above 1.1600 targets 38.2 of 1.1256/1.1216 at 1.1728

eur/usd Click here

Source:
Thomson Reuters IFR Markets

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