Derived Data That Drive Results
By John Noonan — Dec 01 - 05:50 PM
EUR/USD opens 1.25% higher and breaks range to fresh 2020 high
EUR strengthened against the USD and JPY as risk assets moved higher nL1N2IH2XE
The break above 1.2014 targets the 76.4 fibo of 1.2556/1.0636 move at 1.2102
Support is now at former resistance at 1.2005/15 where buyers are tipped
EUR/USD trending higher and dips are a buy while 10-day MA (1.1932) holds
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Source:
Refinitiv IFR Research/Market Commentary
