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Mar 17 - 11:55 PM

EUR/USD - Steady In Asia Ahead Of Key Events This Week

By John Noonan  —  Mar 17 - 11:10 PM
  • EUR/USD had a quiet start after closing slightly higher Friday at 1.0887

  • Heading into the afternoon it is trading around 1.0890

  • Resistance is at the 10-day MA at 1.0910 where sellers are tipped

  • Support is at 21-day MA at 1.0866 with bids eyed around 1.0870

  • More support @ 1.0835/40 where 50% of Feb-March rise & 200-day MA converge

  • Consolidation may continue ahead of key events including Fed decision nL3N3FL0KR

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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