By Christopher Romano — Jun 30 - 01:50 PM
EUR/USD hit 1.04685 on EBS in Europe, risk-off sentiment drove it lower
NY opened near 1.0400, slide extended and 1.0381 was hit on EBS
US ratesEDM3US10YT=RR extend slides, with help from US data nL1N2YH162
Reuters exclusive nL8N2YH3VG on ECB fragmentation plan helps buoy the euro
US$ selling intensified as rate slides persisted, EUR/USD turned positive
Pair hit 1.04895 on EBS which helped generate bullish tech signals
Daily RSI diverged on the low, a daily bull hammer candle formed
EUR/JPY bounce off 141.37 EBS low, USD/CNH drop near 6.6940 buoy EUR/USD
EUR/USD break of major support may be on hold nL1N2YH1GA
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Source:
Refinitiv IFR Research/Market Commentary