By John Noonan — Dec 27 - 10:25 PM
EUR/USD opened 1.0641 and dipped to 1.0624 in early Asia
Move lower led by USD/JPY after demand following BoJ summary nL1N33I00X
USD/JPY remained bid, but USD eased against other currencie late morning
EUR/USD recovered to 1.0640 to be flat for the session
EUR/USD treading water heading into year-end
Higher EZ yields underpinning, while EZ economic concerns capping rallies
Support @ 21-day MA @ 1.0574 and break would shift pressure to the downside
Key resistance is at the 61.8 of the 2022 fall at 1.0743
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary