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Sep 24 - 11:00 PM
EUR/USD - 1.1000 Strikes Support, While The USD Leads
First appeared on eFXplus on Sep 24 - 09:10 PM
  • Trades 0.1% lower, after yesterday's 0.2% gain - USD is leading

  • 1.0955 431M, 1.1000 730M and 1.1050 385M are today's close strikes

  • Choppy consolidation continues to dominate in a well determined range

  • 5, 10 & 21 daily, weekly and monthly MAs edge lower - a bearish setup

  • Topside capped by the falling trend line from June high today at 1.1066

  • Significant support comes in at the 1.0926 double bottom in September

  • 1.0994 NY low and earlier 1.1024 high initial support/resistance

eur sep 25 Click here

Source:
Refinitiv IFR Research/Market Commentary

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