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Nov 10 - 01:55 AM

EUR/USD - Steady In Asia As Focus Shifts To US CPI

By John Noonan  —  Nov 09 - 10:10 PM
  • EUR/USD opened -0.59% at 1.0010 after USD broadly gained on US election surprise nL1N3251S3

  • It was steady in Asia and traded in at 1.000629 range

  • Heading into the afternoon it was trading around 1.0015

  • Support is at the 10-day MA at 0.9937 and 21-day MA at 0.9899

  • Resistance is at the 100-day MA at 1.0032 and double-top ahead of 1.0100

  • EUR/USD likely to break out after release of US CPI later today nL4N32602A

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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