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Thomson Reuters
Jun 06 - 09:48 PM
EUR/USD - Opens Higher After ECB Not As Dovish As Expected
First appeared on eFXplus on Jun 06 - 07:25 PM
  • ECB much as expected, but EUR bears hoped it to be more dovish nL8N23D17V
  • EUR/USD held 10-day MA (1.1204)21-day MA (1.1195) validating them as support
  • In an outside day - pair traded to 1.1309 before closing up 0.49% at 1.1275
  • Resistance formed ahead of 1.1310 with more at double-top at 1.1324
  • EUR/USD likely to remain in narrow range in Asia ahead of US payroll data

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