By John Noonan — Apr 25 - 07:10 PM
EUR/USD opens -0.64% due to rising risk aversion on renewed banking concerns nL1N36S2D6
EUR/USD slightly higher early Asia on strong after-hours US earnings reports
Strong earnings from Microsoft and Alphabet sending E-minis up 0.5% nL4N36S4JEnL4N36S4J7
EUR/USD topped out Tuesday just ahead of April 14 trend high at 1.1075
Key support is at 21-day MA at 1.0942 and close below would warn a top is in
EUR/USD bulls believe ECB to be more aggressive in tightening going forward
Moves in Asia may be dictated by Tokyo EUR/JPY flows after 1.0% fall
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary