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Sep 23 - 02:36 AM
EUR/USD - Range Trades As Tokyo Holiday Limits Flows
First appeared on eFXplus on Sep 22 - 11:10 PM
  • AUD/USD traded in a 1.1010/25 range after opening around 1.1020

  • Heading into the afternoon it was just below the session high

  • Trading in Asia was quiet due to the Tokyo holiday

  • Light EUR/JPY buying underpinned as S&P futures gained 0.50%

  • Risk-on mood due to weekend reports that US-China trade talks to resume Oct nL3N26C00EnW1N24K010

  • Key resistance in EUR/USD at descending trend line at 1.1077

  • Support at double-bottom around 1.0925 ahead of EZ PMI data today










eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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