By John Noonan — Jul 30 - 06:50 PM
EUR/USD trading at 1.1025 after closing +0.36% at 1.1015 on Friday
It recovered from 1.0944 low after softer US PCE sent US yields lower nL1N39E211
Resistance is at the 21-day MA at 1.1058 and 10-day MA at 1.1090
Support is at 100-day MA at 1.0907 and 61.8 of 1.0635/1.1276 move at 1.0879
Central bank expectations still driving EUR/USD direction
Key data out of the EZ and US this week will help shape those expectations
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary