EUR/USD, EUR/GBP give back some recent gains while EUR/JPY bounces back
EUR/USD, EUR/GBP give back some recent gains while EUR/JPY bounces back amid 200% alcoholic beverages European tariff threat.
EUR/USD comes further off its high
EUR/USD has reached the November peak at $1.0936 from where it short-term consolidates further before moving on to the psychological $1.1000 region.
Potential support remains to be seen along the 200-day simple moving average (SMA) at $1.0721.
EUR/GBP ran out of steam
EUR/GBP keeled over around its October highs at £0.8434-to-£0.8447 which acted as minor resistance as expected. Now this role falls to the 200-day SMA at £0.8379.
Potential minor support is seen between the 19 to 26 November lows at £0.8375-to-£0.8364.
EUR/JPY range trades
EUR/JPY is coming off its two-month high at ¥162.35 above which the October-to-March downtrend line and the 200-day SMA can be found at ¥162.58-to-¥162.86.
The 55-day SMA at ¥160.17 acted as support as expected.
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