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Dec 23 - 11:55 PM

EUR/USD - REFILE-BUZZ-EUR/USD-Consolidated In A Quiet Asian Session

By John Noonan  —  Dec 23 - 10:04 PM

Adding headline

  • EUR/USD opened unchanged around 1.1325 and traded in a 1.1320/28 range

  • Heading into the afternoon it is unchanged around 1.1325

  • With holidays approaching there was little interest in Asia

  • EUR/USD resistance is at a series of daily top between 1.1350/90

  • Support is at the 21-day MA at 1.1301 and 10-day MA at 1.1297

  • Consolidation to continue into year-end unless there is a fresh catalyst

  • A close below 1.1290 would warn that a top is forming

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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