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Nov 04 - 08:55 PM

EUR/USD - Opens Lower After GBP/USD Slide And Ahead Of US Jobs

By John Noonan  —  Nov 04 - 06:29 PM
  • EUR/USD opens 0.50% lower after getting dragged down by GBP/USD collapse nL1N2RV212

  • EUR/USD traded down to 1.1528 and held above Oct 12 trend low at 1.1522

  • Resistance is at 1.1595/1.1600 where the 10 and 21-day MAs converge

  • Consolidation likely ahead of US non-farm payrolls later today

  • EUR/JPY flows out of Tokyo to dictate direction in Asia

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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