By John Noonan — Mar 24 - 09:30 PM
EUR/USD edging above yesterday's 1.1014 high, as USD gently offered in Asia
USD led lower by 0.50% drop in USD/JPY after days of streaking higher
EUR/USD short-covering, as 1.0960/70 has held dips last three days
Resistance @ the 21-day MA @ 1.1028 and break would ease downward pressure
EUR/USD needs to break below 1.0960 to re-ignite downward momentum
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Source:
Refinitiv IFR Research/Market Commentary