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Apr 12 - 02:55 AM

EUR/USD - Key Resistance Noted For Wednesday

By Peter Stoneham  —  Apr 12 - 01:45 AM
  • Looking more constructive having based at 1.0832 Monday

  • Daily positive momentum confirming the latest gains

  • The 100-week moving average comes in at 1.0948

  • The average has been above market since October 2021

  • Daily resistance levels patchy until the recent 1.0970-73 highs

  • Bulls can target the 1.1034 2023 high while price above 1.0832

  • We await stronger signals before putting a trade on

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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