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Nov 24 - 09:48 PM
EUR/USD - Trading With Weak Tone After Support Gives Way
First appeared on eFXplus on Nov 24 - 04:55 PM
  • EUR/USD trading heavy after closing below previous support at 1.1040/45

  • Gloomy EZ manufacturing data Friday encouraged fresh selling nL8N2821W7

  • Former support at 10 & 55-day MAs at 1.1040/45 now resistance

  • Next support at Nov 14 low at 1.0989 with buyers tipped around 1.1000

  • EUR/USD easier this morning from light EUR/GBP selling on Brexit news nL8N284073






eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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