Free Trial

Positive Start to New Quarter


Path Of Least Resistance Remains Down


Eurodollar/Tsy Option Roundup


Consolidation Mode

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Corrective Pullback

  • RES 4: 1.2011 High Sep 1 and major resistance
  • RES 3: 1.1981 2.0% 10-dma envelope
  • RES 2: 1.1971 3.0% Upper Bollinger Band
  • RES 1: 1.1920 High Nov 9
  • PRICE: 1.1761 @ 16:25 GMT Nov 11
  • SUP 1: 1.1752 50-day EMA
  • SUP 2: 1.1746 Low Nov 11
  • SUP 3: 1.1711 Low Nov 5
  • SUP 4: 1.1603 Low Nov 4 and the bear trigger

EURUSD continues to trade below Monday's highs. The recent move lower is considered a correction with the pair maintaining a bullish tone following last week's gains and breach of 1.1881, Oct 21 high. The break higher paves opens 1.2011, Sep 1 high. A break of 1.1920, Monday's high would resume the uptrend. On the downside, key support has been defined at 1.1603. A move below this support is required to reinstate a bearish threat.

MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.