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Sep 02 - 10:55 PM

EUR/USD - Apporaching Overnight Low As Longs Pare Back

By John Noonan  —  Sep 02 - 09:05 PM
  • EUR/USD under some pressure in early Asia and is below 21-day MA at 1.1837

  • Support is at yesterday's 1.1822 low and last week's low at 1.1762

  • EUR/USD has remained heavy since it failed to follow-through above 1.2000

  • A weekly close below 1.1762 would complete a bearish outside week

  • The low so far this morning has been 1.1830

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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