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Nov 21 - 09:55 PM

EUR/USD - Uptrend Stalls, As The USD Firms, 1.0100 Key Support

By Andrew M Spencer  —  Nov 21 - 07:25 PM

  • Steady after falling 0.85% on strong USD, dovish ECB stance nL8N32H4JU

  • China COVID news may drive U.S. dollar volatility in Asia nL1N32H07M

  • German industry calls for more support to diversify beyond the China market

  • Increased supply chain diversification key for EZ resilience nL1N32H1MV

  • Charts; momentum studies crest/fall, 10 & 21 day moving averages climb

  • 21 day Bollinger bands head higher - neutral setup, as uptrend stalls

  • 1.0402 200 DMA and 1.0103 21 DMA are the pivotal levels

  • 1.0200 350 mln and 1.0250 398 mln close significant strikes for Nov 22

For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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