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Thomson Reuters
Jun 03 - 08:36 PM
EUR/USD - Opens Higher As US Yields Continue To Slide
First appeared on eFXplus on Jun 03 - 06:40 PM
  • EUR/USD rose 0.69% as falling US yields broadly weighs on the USD
  • Dovish comments from Fed's Bullard heavily weighed on USD
  • EUR/USD tested resistance at 1.1260/65 (triple-top)before easing
  • Strong resistance at 1.1277 where 100-day MA converges with 50% retracement
  • Support at former resistance at 1.1215 and 21-day MA at 1.1186
  • US trade policy uncertainty continues to weigh on USD sentiment

eur/usd Click here

Source:
Thomson Reuters IFR Markets

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