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Jun 02 - 08:55 PM

EUR/USD - Opens Unchanged After Support Holds On Dip

By John Noonan  —  Jun 02 - 07:00 PM
  • EUR/USD opens unchanged around 1.2210 after recovering from 1.2163

  • The 21-day MA came in at 1.2164 and ascends to 1.2174 today

  • A close below that reading shifts the pressure to the downside

  • EUR/USD likely to remain in consolidation mode ahead of US payrolls Friday

  • Resistance is at the May 25 high at 1.2266 with option sellers above 1.2250

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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