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Dec 02 - 07:55 PM

EUR/USD - Opens Slightly Lower But Within Recent Range

By John Noonan  —  Dec 02 - 05:47 PM
  • EUR/USD opens 0.12% lower after USD broadly firmed ahead of US jobs report

  • Firmer short-end US Treasury yields weighing on EUR/USD

  • EUR/USD getting some support from ongoing Omicron variant concerns nL1N2SN1QY

  • Resistance is at 21-day MA at 1.1359 and break would suggest bottom in place

  • Support is at the 10-day MA at 1.1275 with buyers tipped at 1.1285/95

  • EUR/USD consolidation likely to continue ahead US non-farm payrolls

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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