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Derived real-time data in partnership with:
Thomson Reuters
Oct 08 - 08:36 PM
EUR/USD - Opens Lower As EUR/JPY Selling Weighs
First appeared on eFXplus on Oct 08 - 06:25 PM
  • EUR/USD opens 0.25% lower after a fairly quiet US session
  • EUR/JPY selling pushed it down 1.13% at one stage before closing -0.7%
  • EUR/USD continues to find bids at 1.1460/65 where triple-bottom formed
  • Break below 1.1450 targets the Aug 15 trend low at 1.1301
  • EUR/USD trending lower while 10-day MA (1.1560) holds on rallies
  • Key during Asian session will be EUR/JPY flows with return or Tokyo

eur/usd Click here

Source:
Thomson Reuters IFR Markets

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