Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 14 - 08:55 PM

EUR/USD - Opens Higher As USD Slips On Powell Testimony

By John Noonan  —  Jul 14 - 06:51 PM
  • EUR/USD opens 0.50% as USD broadly weakened on dovish Powell testimony nL1N2OQ21P

  • EUR/USD recouped most of Tuesday's losses, as market remains whippy

  • It is stalling @ the 10-day MA (1.1838) with resistance @ 21-day MA @ 1.1873

  • Support has formed at the double-bottom at 1.1772

  • EUR/USD trend lower stalled as 5-day MA starting to cross above 10-day MA

  • A break above the 21-day MA (1.1873) would confirm downtrend is over

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!