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Aug 18 - 10:55 PM

EUR/USD - Breaks Below 1.1690 As USD Broadly Gains

By John Noonan  —  Aug 18 - 08:43 PM
  • Talk of stops in EUR/USD below 1.1690 triggered to a low at 1.1684

  • USD moving higher across the board as technical levels give way

  • EUR/USD steady around 1.1690 as buyers layered down to 1.1650

  • Grind lower likely to continue while 10-day MA at 1.1736 caps

  • The next level of decent support is at Nov 2020 low at 1.1602

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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