By Catherine Tan — Feb 07 - 12:50 AM
EUR/USD trades firm in Asia after 1.0710 overnight low
Failure ahead of 1.0672 23.6% fibo, caution on hawkish ECB rhetoric underpin
EUR/USD may trade back to 1.08 intraday but should attract fresh selling
Techs bearish with short dates moving averages pointing lower
Close below 1.0670 targets 1.0450 next
EUR/USD traded amid 1.0721-42 range so far, last 1.0739-43
DXY last 103.45, traded 103.41-59 range so far in Far East
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Source:
Refinitiv IFR Research/Market Commentary