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Jun 07 - 08:55 PM

EUR/USD - Consolidation Continues Ahead Of ECB Meeting This Week

By John Noonan  —  Jun 07 - 07:15 PM
  • EUR/USD opens a few pips higher after bouncing from 1.0653 in NY session nL1N2XU231

  • USD tracking US yields, which eased on Tuesday nL1N2XU1JW

  • EUR/USD consolidating between the 21-day MA(1.0629) and key fibo at 1.0786

  • A break of either reading should determine next short-term trend

  • Consolidation may continue ahead of Thursday's ECB meeting

  • For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


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