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Sep 30 - 01:55 AM

EUR/USD - Edges Higher As Risk Appetite Improves In Asia

By John Noonan  —  Sep 29 - 11:44 PM
  • EUR/USD opened -0.73% at 1.1598 after USD rallied across the board nL4N2QW02L

  • It edged higher in Asia, as E-minis gained around 0.50%

  • EUR/USD is trading at the session high at 1.1605/10 into the afternoon

  • Resistance is at former support at 1.1660/65 where sellers are tipped

  • The 10-day MA is at 1.1690 and break would ease downward pressure

  • There isn't any significant support until the 50% of 1.0636/1.2349 at 1.1492

  • EUR/USD will likely remain pressured while markets remain volatile

  • For more click on FXBUZ









Source:
Refinitiv IFR Research/Market Commentary

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