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Nov 12 - 12:12 AM
EUR/USD - Edges Lower In Quiet Asian Session
First appeared on eFXplus on Nov 11 - 10:00 PM
  • EUR/USD opened 1.1033 and traded in a 1.1036/37 range

  • Heading into the afternoon it is trading round the session low

  • Option related bids ahead of 1.1000 holding for now, but bounces are shallow

  • Support formed at 1.1015 with more support at 61.8 of 1.0879/1.1180 @ 1.0994

  • German ZEW out later today and the uS Treasury market reopens after holiday

  • Trump speaks later today and market will react to comments on US-China talks

  • EUR/USD likely to remain under pressure while 10-day M at 1.1087 caps






eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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