By John Noonan — Feb 11 - 10:02 PM
EUR/USD opened 0.12% higher at 1.2132 after USD broadly eased
After trading at 1.2135 it drifted lower in quiet trading
Heading into the afternoon it was at the session low at 1.2119
Resistance is at the 50% of the 1.2349/1.1952 move at 1.2150
A break above 1.2150 target the 62.8 of that move at 1.2197
Support comes in at the 21-day MA at 1.2100
A break below 1.2100 would suggest upward momentum is waning
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Source:
Refinitiv IFR Research/Market Commentary