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Thomson Reuters
Apr 10 - 08:36 PM
EUR/USD - Opens Slightly Higher After Choppy Session
First appeared on eFXplus on Apr 10 - 06:35 PM
  • EUR/USD chopped between 1.1229/88, on an eventful Wednesday
  • ECB meeting, US CPI and Fed Minutes weren't surprising enough to shift range
  • ECB and Fed remain poised to act if needed nL1N21S1DT nL8N21S0WD
  • EUR/USD ended the day slightly higher, as frustrated shorts pared back
  • A close above 1.1275/90 would encourage fresh longs and more short-covering
  • Support at 10-day MA at 1.1239 and break would ease upward pressure

eur/usd Click here

Source:
Thomson Reuters IFR Markets

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