Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 29 - 08:55 PM

EUR/USD - Opens Higher After Powell - Sellers Above 1.1800 Cap

By John Noonan  —  Aug 29 - 06:45 PM
  • EUR/USD opens 0.40% higher after USD broadly fell following Powell speech nL1N2PY2C8

  • EUR/USD completed bullish outside day, but sellers above 1.1800 cap for now

  • Resistance is at 61.8 of 1.1909/1.1664 move @ 1.1815 and 55-day MA @ 1.1826

  • A break above 1.1830 targets the July 30 high at 1.1909

  • Support is at the 21-day MA at 1.1765 and 10-day MA at 1.1741

  • Bias is for higher after clear break of 21-day MA and bullish outside day

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!