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Dec 23 - 01:55 AM

EUR/USD - Remans Firm Through Quiet Asian Session

By John Noonan  —  Dec 22 - 10:12 PM
  • EUR/USD opened +0.33% @ 1.1327 after USD & JPY eased due to risk asset gains nL1N2T71ZH

  • After trading 1.1318 early Asia, EUR/USD grinded higher through the morning

  • It matched yesterday's 1.1342 high and was around 1.1340 into the afternoon

  • Resistance is stacked between 1.1360/90 where daily tops Nov/Dec were made

  • Support is around 1.1295 where the 10 & 21-day MAs converge

  • Sideways trading with a slight upward bias likely to continue into year-end

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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