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Jun 30 - 11:55 PM

EUR/USD - Maintains Heavy Tone Ahead Of Key Support

By John Noonan  —  Jun 30 - 11:26 PM
  • EUR/USD opened 0.36% lower at 1.1855 after USD broadly firmed in US session nL2N2OC1VD

  • After trading 1.1860 it traded with a heavy tone through the morning

  • Heading into the afternoon it is at the session low at 1.1847

  • Support is at 1.1845/50 where it has bottomed on three occasions

  • More support at the 76.4 0f the 1.1704/1.2266 move at 1.1836

  • A break below 1.1835 targets the 2021 low at 1.1704

  • Resistance is at the 10-day MA at 1.1905and break eases pressure

  • EUR/USD likely to remain offered ahead of Friday's US jobs data

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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