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Feb 18 - 07:55 PM

EUR/USD - Opens Higher And Just Below Short-Term Resistance

By John Noonan  —  Feb 18 - 05:56 PM
  • EUR/USD opens 0.42% higher after USD fell across the board - led by GBP/USD

  • EUR/USD was moving higher when increased US jobless claims added to the move

  • The pair is poised just below the 21-day MA @ 1.2094 and 10-day MA @ 1.2099

  • A clear break above 1.2100 targets Tuesday's high at 1.2169

  • Buyers are tipped between 1.2020/35 with support at 100-day MA at 1.2003

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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