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EUR/USD holds technical support and edges higher

Yesterday there was no rebound for the EUR/USD ahead of the US close and it remained near the bottom end of the range, when closing the US session at 1.0942. Prior to that it had come close to a noted potential support level at 1.0931. That was the price point of the 21 day moving average and it is still rising and in place right now at 1.0939. Perhaps it is no coincidence, that the low seen so far today has been set at 1.0940. The high seen earlier on was set at 1.0963. There will be more to add as the morning unfolds. The EUR/USD is currently trading at 1.0962

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