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Oct 29 - 09:48 PM
EUR/USD - Slightly Firmer Ahead Of Fed On Key Data
First appeared on eFXplus on Oct 29 - 07:25 PM
  • EUR/USD gently bid, as market side-lined ahead of FOMC and US GDP

  • USD getting little traction despite expectations of hawkish Fed cut

  • Support at 38.2 of 1.0879/1.1180 at 1.1065 proving to be stubborn support

  • Resistance at 1.1120/25 where the 10-day and 100-day MAs converge

  • Break above 1.11030 targets Oct 21 trend high at 1.1180







eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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