By John Noonan — Dec 28 - 10:25 PM
EUR/USD opened -0.27% at 1.0612 after whippy US session
USD/JPY fell after Tokyo arrived and gave the USD a broadly offered tone
EUR/USD rose to 1.0637 while the USD/JPY fell 0.75% to 133.49
Heading into the afternoon the EUR/USD was settled around 1.0620/25
Offsetting the USD/JPY fall was a risk-off mood in Asia
The Nikkei fell 1.30% while the AXJ index eased 0.90%
EUR/USD support is at the 21-day MA at 1.0583 and break would be bearish
Resistance is at the 61.8 of the 2022 fall at 1.0743
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Source:
Refinitiv IFR Research/Market Commentary