EUR/USD: The Pair is Firmly Rooted around the Mid-1.18 handle

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

EUR/USD: The pair is firmly rooted around mid-1.18 handle having declined post scaling 1.19 handle in the previous session. Positive macro data in the EU adds strength to EURO bulls but lacks impact to trigger a bullish rally. Broad market USD weakness also underpins current price momentum, which allows pair to gain another shot at 1.19 handle. Traders now await US data for short term profit opportunities. 

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