Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 07 - 01:55 AM

EUR/USD - Slips In Asia As Risk Assets Weaken And USD Firms

By John Noonan  —  Jun 06 - 11:40 PM
  • EUR/USD opened -0.21% at 1.0696 after rising US yields underpinned the USD nL1N2XT0UK

  • Asian equity markets and E-minis weakened in Asia in a risk off session

  • EUR/USD fell to 1.0670 before steadying 1.0680/85 into the afternoon

  • Resistance @ the 10-day MA @ 1.0716 and break would ease downward pressure

  • Key resistance is at the 38.2 of the 2022 high/low at 1.0786

  • Support is at the 21-day MA at 1.0620 and break targets below 1.0550

  • US Treasury yields likely to dictate direction ahead of ECB Thursday

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!