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Dec 27 - 02:36 AM
EUR/USD - Well Bid In Quiet Asian Session
First appeared on eFXplus on Dec 26 - 10:05 PM
  • EUR/USD opened virtually unchanged at 1.1095 after quiet US session

  • The pair was well bid in Asia and moved above Thursday's 1.1109 high

  • Heading into the afternoon it was trading around the session high at 1.1117

  • A close above the 10-day MA at 1.1109 would suggest a bottom has formed

  • Support is found at the 61.8 of the 1.0981/1.1200 move at 1.1064

  • The next resistance comes in at the 200-day MA at 1.1142






eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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