By John Noonan — Nov 29 - 10:25 PM
EUR/USD opened -0.12% at 1.0328 after USD recovered during the US session
After trading 1.0319 it drifted higher in a quiet Asian session
EUR/USD rose to 1.0352 before settling just below 1.0350 into the afternoon
Price action drawn to the 10-day MA at 1.0345
Sellers are tipped ahead of 1.0450 and 1.0500
Resistance is at the 50% of the 2022 high/low at 1.0511
Support is at the 21-day MA at 1.0224 and break increases downward momentum
EZ CPI may get a reaction with key event being Powell's speech later today
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary