EUR/USD Briefly hit the Upper Half of 1.07 Range but has Managed to Stabilize

EUR/USD Hourly (H1) Chart
EUR/USD Hourly (H1) Chart

EUR/USD: The pair briefly hit the upper half of 1.07 range but has managed to stabilize price action around the 1.0800-1.0830 handle in late European session despite USD’s strength and broad market risk aversion. Traders now await US data for short term profit opportunities. 

Please feel free to share your thoughts with us in the comments below. 

Was this post helpful?