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Jul 31 - 07:55 PM

EUR/USD - Quiet Start After Small Gain On Friday

By John Noonan  —  Jul 31 - 06:25 PM
  • EUR/USD trading around 1.0210/15 early Asia after closing Friday at 1.0226

  • EUR/USD eked out a 0.29% gain Friday after a whippy session

  • Risk rally and lower US yields helped to underpin EUR/USD nL1N2ZA2A2nL1N2ZA20Z

  • EUR/USD remains in consolidation mode and isn't trending in short-term

  • Support is found at the 10-day MA at 1.0201 and 21-day MA at 1.0172

  • Resistance is at the July 21 high at 1.0279 and break would be bullish

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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