By Christopher Romano — Apr 19 - 02:00 PM
EUR/USD hit 1.0815 in Europe's am, NY opens near 1.0790, tight range for NY
US rate rises US10YT=RREDM3 help drive broad based US$ buying
Yen sales rallied EUR/JPY to a 7-year high, 139.06 trades on EBS
EUR/USD buffeted by yen, U$ influences, helps to keep consolidation intact
1.0800 area in EUR/USD remains magnetic but techs highlight downside risks
Monthly RSI is falling, EUR/USD trading under the falling 10-DMA
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Source:
Refinitiv IFR Research/Market Commentary