EUR/USD prods 2021 low above 1.1200 on more significant returns, PMIs peered toward
EUR/USD stays defenseless around the 2021 low above 1.1200 in the midst of a careful state of mind. The US dollar tracks firmer yields as Biden's assignment for Fed authorities move rate climb wagers. Eurozone Coronavirus concerns keep on sabotaging the euro in front of the Eurozone PMIs.
POSSIBLE MARKET MOVES
There was a quick jump in the price this morning touching price @ 1.12647 just close to MA 50.
Noting we are having a WEAK RESISTANCE point @1.12905 that could be our turning point.
a BREAK below @1.12234 means a further touch down !
EUR/USD stays defenseless around the 2021 low above 1.1200 in the midst of a careful state of mind. The US dollar tracks firmer yields as Biden's assignment for Fed authorities move rate climb wagers. Eurozone Coronavirus concerns keep on sabotaging the euro in front of the Eurozone PMIs.
POSSIBLE MARKET MOVES
There was a quick jump in the price this morning touching price @ 1.12647 just close to MA 50.
Noting we are having a WEAK RESISTANCE point @1.12905 that could be our turning point.
a BREAK below @1.12234 means a further touch down !