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Jan 07 - 12:12 AM
EUR/USD - Sellers Above 1.1200 Capping For Now
First appeared on eFXplus on Jan 06 - 10:15 PM
  • EUR/USD traded in a 1.1189/97 in a quiet Asian morning session

  • Sellers above 1.1200 capping for now with option strikes at 1.1220/30

  • EUR/USD unlikely to be impacted by Middle East concerns

  • Economic data likely to be driver with key US jobs on Friday nL4N29C05P

  • Support @ 10-day MA @ 1.1170 and 1.1141 where 21 & 200-day MAs converge

  • Resistance at the Dec 31 high at 1.1240 with sellers ahead of that level

  • EZ CPI the key event in Europe today






eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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