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Thomson Reuters
Jun 10 - 08:36 PM
EUR/USD - Reslient Despite Rise In US Yields/higher USD
First appeared on eFXplus on Jun 10 - 06:50 PM
  • EUR/USD opens just 0.15% lower after finding buyers below 1.1300
  • Broad USD strength & higher US yields not enough to discourage EUR/USD longs
  • Key resistance at 200-day MA @ 1.1365 may prove difficult without fresh news
  • Support at 100-day MA at 1.1273 with buyers tipped 1.1280/90
  • Consolidation likely in Asia with EUR/JPY flows the main driver of direction

eur/usd Click here

Source:
Thomson Reuters IFR Markets

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