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Nov 21 - 08:55 PM

EUR/USD - Under Pressure Early Asia As COVID Restriction Fears Weigh

By John Noonan  —  Nov 21 - 06:50 PM
  • EUR/USD at session low at 1.1270/75 on concerns over lockdowns in Europe

  • The 4th COVID wave has seen restrictions return to parts of Europe nL1N2SA1KA

  • EUR/USD support is at Friday's 1.1250 low where buyers are tipped

  • A break below 1.1250 targets an eventual move to 1.1040

  • The 1.1040 level is the 76.4 of the 2020/2021 move

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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