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Apr 14 - 08:55 PM

EUR/USD - Opens Higher But Sellers Ahead Of 1.20 Cap For Now

By John Noonan  —  Apr 14 - 06:36 PM
  • EUR/USD opens 0.26% higher as continued US yields weigh on USD nL1N2M72K6

  • EUR/USD gains limited by dovish comments from ECB nL1N2M71HJ

  • Resistance at four daily highs made in March between 1.1985/90

  • Break above 1.2000 initially targets 61.8 of 1.2243/1.1704 move at 1.2037

  • Market may consolidate ahead of key US retail sales later today

  • EUR/USD support at 55-day MA at 1.1972 and former resistance at 1.1925/30

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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