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Derived real-time data in partnership with:
Thomson Reuters
Oct 04 - 02:36 AM
EUR/USD - Consolidates With Heavy Tone In Asia
First appeared on eFXplus on Oct 03 - 11:35 PM
  • EUR/USD opened 1.1479 and popped to 1.1494 in early Asia
  • It has traded with heavy tone since, as US 10-year yield hit 3.19%
  • EUR/USD traded as low as 1.1465 and is around 1.1470 into the afternoon
  • Break and close below 1.1497 (61.8 of 1.1301/1.1815) portends more weakness
  • Sellers tipped at former support between 1.1500/30
  • There isn't any significant support until the Aug 15 trend low at 1.1301

eur/usd Click here

Source:
Thomson Reuters IFR Markets

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