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Jan 14 - 11:00 PM
EUR/USD - Touch Firmer On The Crosses, As Risk Sours
First appeared on eFXplus on Jan 14 - 07:55 PM
  • Firmer USD v's Asian currencies, profit taking ahead of US-China trade deal

  • Mnuchin says China tariffs to remain until Phase 2 completed nL1N29J1WQ

  • Modest risk off in Asia, leaves EUR a touch firmer v's USD and on crosses

  • Charts show Jan dip stalled, conflicting momentum studies, 5, 10 & 21 DMAs

  • Little bias - key support at 1.1104 NY low then 1.1080, 61.8% Nov-Dec rise

  • Resistance at 1.1144 early London high then this week's 1.1147 top

  • 1.1100-10 900M are today's close strikes

eur jan 15 Click here

Source:
Refinitiv IFR Research/Market Commentary

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