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Nov 11 - 10:55 PM

EUR/USD - Pivots Around 1.1780 In Quiet Asian Session

By John Noonan  —  Nov 11 - 10:05 PM
  • EUR/USD opened 0.28% lower at 1.1779 and had a 1.1773/87 range

  • Heading into the afternoon it was around 1.1780 - unchanged from NY close

  • Sentiment towards EUR/USD turning bearish, as US/DE yield spread favours USD

  • EUR/USD support is at 61.8 of 1.1602/1.1920 move at 1.1723

  • Resistance at yesterday's 1.1832 high and break eases downward pressure

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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