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Thomson Reuters
Jun 06 - 02:36 AM
EUR/USD - Idles Ahead Of ECB Decision
First appeared on eFXplus on Jun 05 - 11:20 PM
  • EUR/USD opened 0.28% lower at 1.1220 and traded 1.1220/32 in Asia
  • Moved to high on report of lack of progress in US/Mexico talks nL4N23C443
  • Pair settled around 1.1225 heading into the afternoon session
  • Market will now focus on ECB with expectation Draghi will strike dovish tone
  • EUR/USD support at 55-day MA at 1.1214 and 10 & 20-day MAs around 1.1190
  • Techs lean bearish after EUR/USD completed bearish outside day Wednesday

eur/usd Click here

Source:
Thomson Reuters IFR Markets

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