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Sep 13 - 08:55 PM

EUR/USD - Flat Close After Break Lower Found Fresh Buying

By John Noonan  —  Sep 13 - 06:55 PM
  • EUR/USD opens flat after stumbling to 1.1770 at one stage

  • USD was bid in London as market priced in Fed tapering on Fed comments nL4N2QF1T5

  • US Treasury yields dipped during US session and undermined USD

  • EUR/USD support at 61.8 of 1.1664/1.1909 move at 1.1757

  • Resistance is at the 10-day MA at 1.1838 with sellers around 1.1850

  • EUR/USD will ikely range trade ahead of key US cPI later today

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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