EURUSD

EUR/USD Climbes in Favour of EURO Albeit with a Slow-Paced Momentum

EURUSD Hourly (H1) Chart
EURUSD Hourly (H1) Chart

EUR/USD: The pair continues to climb in favour of EURO albeit with a slow-paced momentum as the rally is built by broad market USD weakness. EURO bulls are also supported by impact from recent EU stimulus package announcement at the moment allowing pair to scale 1.16 handle earlier today. Traders now await US macro data and ECB Lagarde speech for directional cues and profit opportunities. 

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