By John Noonan — Feb 10 - 09:38 PM
EUR/USD opened unchanged at 1.2119 and traded 1.2113/20
It was unchanged at 1.2119 heading into the afternoon session
Tokyo holiday and start of LNY resulted in light volumes
Support is at the 21-day MA @ 1.2100 with break targeting 10-day MA @ 1.1970
Resistance is at the 50% retracement of the 1.2349/1.1952 move at 1.2050
Bias is for higher after Powell's dovish comments yesterday nL1N2KG2IN
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Source:
Refinitiv IFR Research/Market Commentary