EURUSD

EUR/USD Bullish over the News of the EU Stimulus Measures

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

EUR/USD: The pair briefly tested the 1.14 handle earlier in the day over the news of the EU discussing further stimulus measures. But pessimism led by Fed forward guidance hinting at prolonged weak economic activity kept risk sentiment at bay, resulting in pair trading rangebound near the 1.135 handle. Traders now await US data for short term profit opportunities. 

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