Euro Rally

EUR/USD is Trading Bullish on COVID-19 Woes and Declining US Yields

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

EUR/USD: The pair is trading with a positive note as EURO bulls have managed to regain hold above the 1.1300 handle and even tested mid-1.13 handle over USD’s broad-based weakness. COVID-19 woes and declining US. T.Yields keep USD under pressure facilitating EURO’s bullish price action while traders await US CPI for scalping opportunities. 

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