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Jun 30 - 08:55 PM

EUR/USD - Opens Lower As Key Support Levels In Focus

By John Noonan  —  Jun 30 - 07:19 PM
  • EUR/USD opens 0.35% lower as USD remains bid ahead of US jobs data

  • Strong ADP jobs data has lifted the bar for the US payroll report nAQN04D0Y6

  • EUR/USD traded as low as 1.1845 and has bottomed 3 times at 1.1845/50

  • Fibo support is at the 76.4 of the 1.1704/1.2266 move at 1.1836

  • Resistance is at the 10-day MA, which descends to 1.1905 today

  • EUR/USD trending lower with the 5, 10 & 21-day MA in bearish alignment

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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