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Nov 29 - 05:55 PM

EUR/USD - Set To Open Lower As Omicron Fears Subside

By John Noonan  —  Nov 29 - 04:46 PM
  • EUR/USD firming into the US close and is down around 0.22% on the day

  • Concerns over impact of Omicron COVID strain have lightened since Friday nL1N2SK1DH

  • Biden reassurance economy won't shut down underpinning risk sentiment nL1N2SK1NO

  • EUR/USD set to close above 10-day MA at 1.1280 suggesting bottom forming

  • Resistance is at 1.1330/35 and 38.2 fibo of 1.1692/1.1186 move at 1.1379

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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