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Nov 03 - 11:00 PM
EUR/USD - Quiet Consolidation Near Key Resistance
First appeared on eFXplus on Nov 03 - 09:20 PM
  • EUR/USD traded in a 1.1160/71 range through the quiet Tokyo holiday

  • Price action contained by option strikes between 1.1150/1.1200

  • Resistance at Oct 21 high at 1.1180 and 200-day MA at 1.1195

  • Support at 1.1128 where Friday's low and 10-day MA converge

  • EUR/USD in short-term trend higher ahead of EZ mfg PMI today






eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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