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Mar 25 - 11:00 PM

EUR/USD - Hovering Above 1.0905 After Quick Spike To 1.0935

By John Noonan  —  Mar 25 - 10:05 PM
  • EUR/USD traded to 1.0935 after stops were triggered on break above 1.0900

  • Prices has settled just above 1.0900 after sellers sold into the spike

  • Resistance is found at the 38.2 of the 1.1495/1.0636 move at 1.0964

  • A break above 1.0965 would suggest a short-term bottom in place at 1.0636

  • The 10-day MA at 1.0890 now support after it was resistance since mid-March






eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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