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Jan 20 - 07:55 PM

EUR/USD - Opens Lower As EUR Broadly Weakens

By John Noonan  —  Jan 20 - 05:58 PM
  • EUR/USD opens 0.19% lower after EUR fell against the other major currencies

  • EUR/USD couldn't make ground despite the move up in risk assets nL1N2JV32K

  • Key support for EUR/USD is at the 55-day MA at 1.2073

  • Resistance comes in at the descending 10-day MA which is at 1.2138 today

  • A break below the 55-day MA targets the 50% of 1.1602/1.2349 move at 1.1975

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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