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Jan 10 - 01:55 AM

EUR/USD - Steady Near US Close In Quiet Asian Trading

By John Noonan  —  Jan 09 - 10:25 PM
  • EUR/USD opened -0.17% at 1.0931 after USD broadly moved higher on Tuesday nL1N3DZ1WA

  • EUR/USD barley moved in Asia and traded in a 1.0927/36 range

  • The action was in the USD/JPY and JPY crosses as JPY broadly weakened

  • EUR/USD support at trend-line at 1.0899 and 38.2 of Oct-Dec rise at 1.0876

  • Resistance is at the 10-day MA at 1.0970 where selling is tipped

  • EUR/USD appears stuck in range ahead of key US CPI out Thursday

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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