Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 08 - 08:55 PM

EUR/USD - Opens Close To Resistance As USD Broadly Weakens

By John Noonan  —  Jul 08 - 06:45 PM
  • USD fell across the board as COVID-19 cases in the US continues to mount nL1N2EF20D

  • EUR/USD opens 0.64% higher after trading as high as 1.1352

  • It is the fourth time in 17 trading days it has topped out between 1.1345/55

  • A break above 1.1360 targets the June 10 trend high at 1.1422

  • Support is at 1.1260/70 where the 10-day and 21-day MAs converge

  • Sentiment towards EUR/USD bullish while risk assets remain buoyant

  • 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
© 2020 eFXdata · All Rights Reserved
!