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Thomson Reuters
Dec 06 - 12:12 AM
EUR/USD - Idles During Risk Off Asian Session
First appeared on eFXplus on Dec 05 - 10:15 PM
  • EUR/USD sidelined in Asia as action in high-beta currencies and JPY
  • Asia session risk-off after news Huawei CFO arrested in Canada
  • S&P futures fell over 1.0% and Asian markets followed suit
  • EUR/USD idled in 1.1342/52 range through the morning session
  • Price drawn to 1.1340/50 window where 10 & 21-day MAs converge
  • Resistance at 55-day MA at 1.1448/ support forming ahead of 1.1300
  • German Industrial Orders out today but key will be moves in Bund yields

eur/usd Click here

Source:
Thomson Reuters IFR Markets

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