By John Noonan — Jun 28 - 07:50 PM
EUR/USD opens -0.58% after USD broadly strengthened on risk aversion
EUR/USD lost ground after ECB President Lagarde favoured "gradual" tightening nF9N2WY00V
EUR/USD topped out at 1.0606 - with the 55-day MA now at 1.0608
More resistance at the 61.8 of 1.0787/1.0359 move at 1.0623
EUR/USD closed below the 10-day MA (1.0536) to increase downward pressure
Support is at the double-bottom at 1.0470 and break targets 1.0359
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary