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Aug 24 - 08:55 PM

EUR/USD - Opens Slightly Higher As USD Broadly Eases Ahead Of Powell

By John Noonan  —  Aug 24 - 07:21 PM
  • EUR/USD opens 0.10% higher, as USD eases ahead of Powell speech nL1N2PV1QAnL1N2PV26Y

  • Pair opens above 10-day MA for second day in a row, as buyers emerge on dips

  • Resistance is at the 21-day MA at 1.1776 and 50% of 1.1909/1.1664 at 1.1786

  • Sellers are tipped ahead of 1.1800 with strong resistance just above

  • EUR/USD likely to consolidate ahead pf Powell's Jackson Hole speech Friday

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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