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Aug 03 - 08:55 PM

EUR/USD - Opens Unchanged After Recovering During US Session

By John Noonan  —  Aug 03 - 07:00 PM
  • EUR/USD opens flat after rallying on Fed comments and fall in US yields nL1N2ZF1V3nL1N2ZF205

  • It fell to 1.0123 in Europe following weak EZ retail sales nL8N2ZF2XY

  • EUR/USD closed above 21-day MA (1.0259) and below 10-day MA (1.0192)

  • A break below 1.0120 targets the July 27 low at 1.0097

  • Sellers are tipped between 1.0200/20 with yesterday's high at 1.0212

  • EUR/USD may continue to consolidate ahead of Friday's US payroll data

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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