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Dec 24 - 12:12 AM
EUR/USD - Idles Around 1.1090 In Quiet Holiday Market
First appeared on eFXplus on Dec 23 - 10:00 PM
  • EUR/USD traded in a 1.1085/94 range in a quiet Asian morning session

  • Support is found at the 61.8 of the 1.0981/1.1200 move at 1.1064

  • A break below 1.1040 could see a drift below 1.1000

  • Resistance @ 10-day MA @ 1.1117 and close above would ease downward pressure

  • Sentiment bearish, but market is short as liquidity dries up into year-end






eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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