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Aug 27 - 02:36 AM
EUR/USD - Pivots Around Option Strikes At 1.1100
First appeared on eFXplus on Aug 26 - 11:05 PM
  • EUR/USD traded in a 1.1098/1.1107 range through a quiet Asian morning
  • Option expiries around 1.1100 helped to contain price action
  • Receding US-China trade war escalation fears underpinning USD vs JPY & EUR
  • EUR/USD resistance at 21-day MA @ 1.1134 and 61.8 of 1.1249/1.1051 @ 1.1173
  • Support at Friday's 1.1051 low and break rekindles trend lower

eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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