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Thomson Reuters
Nov 29 - 12:12 AM
EUR/USD - Consolidates Post-Powell Gains In Quiet Asia
First appeared on eFXplus on Nov 28 - 10:10 PM
  • EUR/USD consolidating in a 1.1366/74 range after bullish outside day
  • Sentiment turning bullish after dovish turn in Fed expectations
  • Resistance at the 61.8 of recent 1.1472/1.1267 move at 1.1393
  • Break above 1.1400 targets 1.1470/80 where 55-day MA & Nov 20 high converge
  • Market eyeing US 10-year yield and move below 3.02% will support EUR/USD

eur/usd Click here

Source:
Thomson Reuters IFR Markets

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