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Aug 18 - 08:55 PM

EUR/USD - Opens Unchanged After Whippy US Session

By John Noonan  —  Aug 18 - 07:03 PM
  • EUR/USD opens unchanged after bouncing from 9-month low at 1.1693

  • Fed minutes saw EUR/USD short-coving to 1.1743 before sellers re-emerged nL1N2PP1OJ

  • Key fibo support at 1.1694 (38.2 of 1.0636/1.2349) still valid

  • Break below 1.1690 targets November 2020 low at 1.1602

  • Resistance is at 10-day MA at 1.1738 and close above eases pressure

  • For more click on FXBUZ









Source:
Refinitiv IFR Research/Market Commentary

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