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Oct 22 - 07:55 PM

EUR/USD - Quiet Start After Small Gain On Friday

By John Noonan  —  Oct 22 - 05:55 PM
  • EUR/USD trading 1.0590/95 after closing +0.11% at 1.0594 on Friday

  • It closed above the 10 & 21-day MAs to give it a lightly upward bias

  • The 10-day MA is at 1.0572 and 21-day MA is at 1.0555 to provide support

  • Resistance is at the Oct 10 high at 1.0640 with sellers around 1.0620

  • EUR/USD getting support from growing view Fed is finished hiking nS0N3BF05MnL1N3BQ12N

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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