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Jul 29 - 02:36 AM
EUR/USD - All Quiet As Market Looks Ahead To Key Events
First appeared on eFXplus on Jul 28 - 11:25 PM
  • EUR/USD idled in a 1.1127/39 range through a very quiet Asian morning
  • Market looking ahead to key events - with the FOMC decision the major focus
  • Talk of option related buying ahead of a 1.1100 barrier discouraging selling
  • A break below 1.1100 would be bearish with little support ahead of 1.1000
  • Resistance at 10-day MA at 1.1183 and break would ease downward pressure

eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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