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EUR/USD bounce sold again on rise ~1.0720

Source: Thomson Reuters Market has been selling EUR/USD intra-day bounces again on rise ~1.0720 EUR/USD slips back near 10-DMA as US bond yields lift, USD broadly bid Price action might be choppy as no US econ data to dr…

By Jay L. Zagorsky
1 min read
EUR/USD bounce sold again on rise ~1.0720
Image from the original EconoTimes article

Source: Thomson Reuters


  • Market has been selling EUR/USD intra-day bounces again on rise ~1.0720

  • EUR/USD slips back near 10-DMA as US bond yields lift, USD broadly bid

  • Price action might be choppy as no US econ data to drive USD 

  • Support sits near 1.0620/25, resistance 1.0720, bigger near 1.0770

  • Below -1.0620 opens door to test of 2015 low

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By FxWirePro Team