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Sep 23 - 08:55 PM

EUR/USD - Opens Higher As USD And JPY Slump On Risk Rally

By John Noonan  —  Sep 23 - 07:07 PM
  • EUR/USD opens 0.44% higher after risk rally weighed on USD JPY nL1N2QP244

  • Pair was underpinned by EUR/JPY short-covering as cross rose over 0.90%

  • Resistance around 1.1755 with Wednesday's high @ 1.1756 & 10-day MA @ 1.1754

  • More resistance is found at the 38.2 of 1.1909/1.1683 move at 1.1769

  • EUR/USD likely to trade in narrow range in Asia with EUR/JPY flows key

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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