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Jan 12 - 10:55 PM

EUR/USD - Retains Bid Tone In Quiet Asian Session

By John Noonan  —  Jan 12 - 10:04 PM
  • EUR/USD opened 0.48% higher at 1.2207 and traded 1.2202/20 in Asia

  • Heading into the afternoon it is settled around 1.2210/15

  • EUR/USD recovery from support at 1.2130/40 in line with easing US yields nL1N2JO028

  • Resistance is at21-day MA @ 1.2228 and break returns pressure to the upside

  • Decent support has formed ahead of the Dec 21 low at 1.2130

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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