EUR/USD Continues to Trade on Positive note Riding Broad-Based risk Sentiment

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

EUR/USD: The pair continues to trade on positive note riding broad-based risk sentiment led by vaccine cues. But price remains trapped within 1.08 to 1.0880 handle as firm USD and lack of fundamental strength to build a breakout rally keep EURO bulls under pressure. Traders await updates from the US for short term profit opportunities.

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

Was this post helpful?