EUR/USD: The Pair is Trading with Clear Positive Bias

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

EUR/USD: The pair is trading with clear positive bias as a rally driven by USD weakness continues to support EURO bulls. This helped price scale above 1.17 handle but mixed macro data outcome in EU area capped gains. Traders now await US data for short term profit opportunities. 

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

Was this post helpful?