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Nov 30 - 01:55 AM

EUR/USD - Bid In Asia After Making Fresh 3-Month High

By John Noonan  —  Nov 29 - 10:20 PM
  • EUR/USD opened 1.1961 after rising 0.45% on Friday

  • After dipping to 1.1857 it grinded higher to a 3-month high at 1.1874

  • Heading into the afternoon the EUR/USD settled around 1.1870

  • EUR/USD remains poised to test the 2020 high at 1.2014 made on Sept 1

  • Support is found at the 10-day MA at 1.1893 and break eases upward pressure

  • Sentiment remains bullish after the EUR/USD completed a bullish outside week

  • For more click on FXBUZ









Source:
Refinitiv IFR Research/Market Commentary

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