By John Noonan — Feb 19 - 07:35 PM
EUR/USD down 0.15% early Asia as USD broadly firms to start the week
E-minis down 0.25% as investors caution due to hawkish CB expectations nL1N34X2JA
EUR/USD 5, 10 & 21-day MAs in bearish alignment to add technical pressure
Resistance is at the 10-day MA at 1.0705 and 21-day MA at 1.0791
Support is at 1.0612 where Friday's low and 76.40 of 2023 rise converge
Central bank expectations to dictate EUR/USD sentiment this week
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary