By John Noonan — Dec 20 - 06:05 PM
EUR/USD opens +0.14% after being hemmed in by JPY strength and USD weakness nL1N33A22T
Calming equity markets helped to support EUR/USD above 1.0600 nL1N33A2JM
EUR/USD in range with support at 10-day MA at 1.0600 and 21-day MA at 1.0515
Resistance is at the 61.8 of the 2022 fall at 1.0743
A close below the 10-day MA at 1.0600 would warn of loss of upward momentum
EUR/JPY flows out of Tokyo will be key in Asian market
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary