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Mar 09 - 11:55 PM

EUR/USD - Gives Back Ground As Mood In Asia Sours

By John Noonan  —  Mar 09 - 09:52 PM
  • EUR/USD opened 0.47% higher at 1.1901 after USD eased on fall in US yields

  • After trading at 1.1904, it started to lose ground as USD broadly firmed

  • Asian equities opened higher, but gave up most of the gains late morning

  • EUR/USD traded down to 1.1877 and was around 1.1880 into the afternoon

  • Key support for the EUR/USD comes in at the 200-day MA at 1.1827

  • Resistance is at former support at 1.1950/55 and break would ease pressure

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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