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Nov 09 - 11:55 PM

EUR/USD - Claws Back Some Ground In Quiet Asia

By John Noonan  —  Nov 09 - 10:15 PM
  • EUR/USD opened 0.53% lower at 1.1814 after USD gained on vaccine news nL1N2HV2HI

  • EUR/USD failed to gain on rising risk, as higher US yields weighed nL4N2HW07X

  • EUR/USD traded 1.1806 early before buyers and profit taking emerged

  • It traded back to 1.1837 before settling 1.1825/30

  • Support at 1.1795/1.1800 where 38.2 and daily lows converge

  • More support at 55-day MA at 1.1783

  • Resistance has formed at double-top at 1.1915/20

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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