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
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Source:
Refinitiv IFR Research/Market Commentary