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Derived real-time data in partnership with:
Thomson Reuters
Dec 27 - 09:48 PM
EUR/USD - Decent Bounce, But The Range Continues To Dominate
First appeared on eFXplus on Dec 27 - 06:55 PM
  • Shade softer early after closing +0.7%, as choppy consolidation extends
  • 1.1260/1.1500 range in place since mid November looks set to extend
  • 100 DMA has capped since mid October - comes in at 1.1477 today
  • 1.1425-35 650M strikes could act as a magnet in Asia if it's quiet
  • 1.1365 NY low then this week's 1.1343 base initial support
  • NY 1.1454 high then 1.1477 100 DMA are first resistance

eur dec 28 Click here

Source:
Thomson Reuters IFR Markets

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