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Nov 05 - 01:55 AM

EUR/USD - Recovers From Early Dip As Markets Settle

By John Noonan  —  Nov 04 - 10:15 PM
  • EUR/USD opened unchanged around 1.1725 and moved up to

  • Late in the morning buyers returned and it traded up to 1.1739

  • pair dipped to 1.1711 when E-minis slipped into the red after up earlier

  • Update showing close races in Nevada and Arizona where Biden still led nW1N2HK03GnW1N2HK03F

  • Jitters caused by update were short-lived and EUR/USD moved back to 1.1730

  • Resistance is at the 55-day MA at 1.1779 with yesterday's high at 1.1770

  • Support is at the 100-day MA at 1.1671 with yesteray's low at 1.1602

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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