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Nov 08 - 12:12 AM
EUR/USD - Barely Moves In Quiet Asian Session
First appeared on eFXplus on Nov 07 - 09:55 PM
  • The EUR/USD opened at 1.1050 and spun its wheels in a 1.1046/53 range

  • The close below support at 1.1060/65 is bearish in the short-term

  • Support is found at the 50% retrace of the 1.0879/1.1180 move at 1.1029

  • A break below 1.1025 targets the 61.8 of the move at 1.0994

  • Resistance is found at 1.1100/05 where the 10 & 21-day MAs converge






eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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