EURUSD

EUR/USD Continues to Trade with a Clear Positive Bias

EURUSD
EURUSD Hourly (H1) Chart

EUR/USD: The pair continues to trade with a clear positive bias and is slowly edging its way up to the mid-1.14 handle over positive Euro area macro data. While USD remains weak in the international market, slight recovery of its strength in late European hours prevented pair from posting further gains. Traders now await ECB update and US macro data for short term profit opportunities. 

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

Was this post helpful?