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Sep 03 - 09:55 PM

EUR/USD - Opens Flat After Buyers Emerged Below 1.1800

By John Noonan  —  Sep 03 - 08:00 PM
  • EUR/USD opens Asia virtually unchanged after recovering from 1.1789

  • Steep fall on Wall Street underpinned EUR against risk currencies nL1N2G020CnL1N2G01G4

  • EUR/USD closed above the 21-day MA (1.1830) but trend higher in doubt

  • The 5, 10 and 21-day MAs in bullish alignment but all now point lower

  • Support @ last week's 1.1762 low- close below completes bearish outside week

  • Resistance at 10-day MA at 1.1857 and yesterday's 1.1865 high

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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