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Nov 30 - 10:55 PM

EUR/USD - Starts The New Month On A Strong Note

By John Noonan  —  Nov 30 - 10:05 PM
  • EUR/USD opened Asia 0.34% lower at 1.1923 after month-end flows weighed

  • The pair struck a bid tone in early Asia and EUR/JPY buying underpinned

  • Buoyant equity markets also helped with E-minis rising 0.80%

  • EUR/USD is trading at the session high at 1.1955/60 into the afternoon

  • There is hourly resistance @ 1.1960 and break targets another crack @ 1.2000

  • Support is at the 10-day MA at 1.1897 and break increases downward pressure

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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