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Mar 23 - 03:55 PM

EUR/USD - Bears Paw At The 200-DMA On Soured Risk

By Christopher Romano  —  Mar 23 - 01:38 PM
  • Geopolitical tensions increase on China, EU sanctions nL1N2LK1T1

  • EUR/USD dips below 1.1880 in early NY before bounce to 1.1895 (EBS)

  • Safe-haven US$ & yen buys persist, EUR/JPY sink to 128.865

  • EUR/USD slide resumes, pair nears the 200-DMA but stops at 1.1858

  • Very little bounce is seen, pair near the session low late in the day

  • Techs lean bearish, bull signal from Monday negated, RSIs fall, 10-DMA caps

  • Latest Fed, China issues could lead to a big EUR/USD drop nL1N2LL1DU

  • For more click on FXBUZ

eur/usd Click here

Refinitiv IFR Research/Market Commentary


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