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Nov 17 - 07:55 PM

EUR/USD - Opens Slightly Higher As Lower US Yields Underpin

By John Noonan  —  Nov 17 - 05:35 PM
  • EUR/USD opens Asia slightly higher - getting support from lower US yields nL1N2I31MO

  • EUR/USD traded as high as 1.1893 before sellers ahead of 1.1900 capped

  • Pair continues trend higher with 5, 10 and 21-day MAs in bullish alignment

  • Support at 10-day MA at 1.1833 and break would ease upward pressure

  • Sentiment is bullish as market sees more Fed action before end of 2020 nL1N2I325T

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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