Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 08 - 01:55 AM

EUR/USD - Offered In Asia As Market Targets 2022 Low

By John Noonan  —  Apr 07 - 11:35 PM
  • EUR/USD opened -0.13% at 1.0881 after USD broadly strengthened nL2N2W601T

  • EUR/USD came under pressure early Asia and remained heavy throughout

  • Heading into the afternoon it is at the session low at 1.1856

  • EUR moved lower against most currencies in Asia as Ukraine uncertainty persisted

  • Market has stopped pricing in a swift, diplomatic end to the Russia-Ukraine crisis nL2N2W52ZO

  • EUR/USD seems destined to at least test the March 7 trend low at 1.0806

  • Sellers tipped ahead of 1.0940 with resistance at 1.0990 where 10 & 21-day MAs coverge

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!