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Derived real-time data in partnership with:
Thomson Reuters
Aug 10 - 02:36 AM
EUR/USD - Clings On To Support, For Now
First appeared on eFXplus on Aug 09 - 11:10 PM
  • EUR/USD in tight 1.1516 to 1.1535 range Fri, last at 1.1532
  • UST yields slightly softer in Asia, pushing USD a little lower
  • EUR/USD trend remains lower as s/t MAs, momentum studies head south
  • Close below 1.1500 key for further EUR/USD losses, 1.1508 2018 low
  • Only a close above 10 DMA at 1.1603 would negate the negative signals
  • US CPI later today the main even for rates and the USD

EUR daily: Click here

Source:
Thomson Reuters IFR Markets

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