By John Noonan — Mar 20 - 11:15 PM
EUR/USD traded in a 1.1040/57 range in Asia after closing Friday at 1.1050
The Tokyo holiday and lack of weekend market moving news made it a long day
Market shrugged off hawkish comments coming from the ECB nL2N2VN0DBnL5N2VM04X
EUR/USD not trending and looks set for period of range trading
Support is @ the 10-day MA @ 1.1000 and break would suggest top is in place
Resistance is at the 21-day MA at 1.1081 and close above eases pressure
News related to Russia-Ukraine conflict may impact EUR sentiment
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Source:
Refinitiv IFR Research/Market Commentary