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

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

EUR/USD: The pair is trading with positive bias today, but there weren’t any signs of Euro building a positive rally in its favor. As USD remains firm despite slight weakness, traders have adapted to short term volatility leading to consolidation around the 1.085 handle. Traders now await Fed update and Powell Speech for directional bias and short term profit opportunities. 

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

Was this post helpful?