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Nov 18 - 11:55 PM

EUR/USD - Eases In Asia As Sellers Return After Correction

By John Noonan  —  Nov 18 - 10:14 PM
  • EUR/USD opened +0.50% at 1.1374 after shorts pared back and took profit nL1N2S91VW

  • It came under gentle pressure in Asia and traded down to 1.1354

  • Heading into the afternoon it's 1.1355/60 with talk of bids at 1.1350

  • Hourly support is at 1.1325/30 and yesterday's low at 1.1314

  • A break below 1.1310 would likely energize trend lower

  • EUR/USD remains in trend lower while 10-day MA at 1.1429 caps rallies

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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