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Apr 13 - 08:55 PM

EUR/USD - Opens Higher As US Yields Eased After US CPI

By John Noonan  —  Apr 13 - 07:29 PM
  • EUR/USD opens 0.30% higher after USD broadly eased with US yields nL1N2M62B3

  • EUR/USD resistance at 1.1972 where 50% retracement and 55-day MA converge

  • EUR/USD poised to move higher as long as 10-day MA (1.1871) holds on dips

  • Buyers tipped at former resistance at 1.1925, with sellers ahead of 1.2000

  • Europe's vaccine rollout concerns may casue headwinds after J&J vaccine halt nL4N2M62S2

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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