Derived Data That Drive Results
First appeared on eFXplus on Nov 28 - 10:15 PM
EUR/USD opened 1.1012 and traded in a 1.1008/13 range through the morning
Market hesitant to pick a direction due to US-China trade talk uncertainty
Support at Nov 12 low at 1.0989 and break should see follow-through
Resistance at 1.1035/40 where the 10 and 55-day MAs converge
Sentiment bearish due to contrasting US and EZ data
Helping to underpin EUR/USD has been he easing of US Treasury yields
EZ CPI out later today and could cause price action if outside expectations
eur/usd Click here
Source:
Refinitiv IFR Research/Market Commentary
