By Catherine Tan — Aug 24 - 08:25 PM
EUR/USD heavy, clean break below 1.0802 200dma adds to selling pressure
Pair slips to 1.0791 low early but bounces back to 1.0797-01 last
EUR entrenched in bearish outlook - techs and fundamentals weigh
Bullish outlook in DXY to add to pressure in the EUR
Next support at 1.0760 - trendline from low on Mar 15
EUR/USD traded 1.0791-1.0815 range so far
Related nL1N39Z06Q
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Source:
Refinitiv IFR Research/Market Commentary