EUR/USD Breaches past the1.10 Handle and Tests Mid-1.10 Handle

EURUSD Hourly (H1) Chart

EUR/USD: The pair managed to breach past 1.10 handle and tested mid-1.10 handle in early hours owing to USD’s weakness. But the cautious tone in global market and USD’s strength from its status as a safe-haven currency and risk currency sell-off put pressure on EURO bulls bringing the price back to the 1.099 handle for now. Traders now await US data for short term profit opportunities. 

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