EUR/USD is Trading with a Clear Positive Note Today

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

EUR/USD: The pair is trading with a clear positive note today and remains firmly rooted above 1.16 handle, but gains are capped below the 1.1630 mark as mixed data from the EU area weighed down Euro bulls. But USD’s weakness in the broad market keeps ongoing rally well supported in the short term. Traders now await US jobless data for short term profit opportunities. 

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

Was this post helpful?