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Thomson Reuters
May 03 - 08:36 AM
EUR/USD - Options Tie EUR/USD Between Key Fib And 200-DMA
First appeared on eFXplus on May 03 - 06:15 AM
  • EUR/USD softer from 1.1988 to 1.1966 at the outset in Europe
  • Pair rallies to 1.2009 as some short book profits before Friday's NFP
  • Support @ 1.1936, 61.8% retrace Nov 17/Feb 18 rally and 2018 low 1.1916
  • Recoveries are currently fading ahead the 200-DMA at 1.2017
  • EUR 3.6 billion 1.1950 to 1.2000 currently anchoring EUR/USD (15GMT cut)
  • Surprisingly weak EZ HICP at 0.7% yy is expected to rebound nL8N1SA3EH

EURUSD daily Click here

Source:
Thomson Reuters IFR Markets

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