EURUSD

EUR/USD is Trading with Clear Positive Bias

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

EUR/USD: The pair is trading with clear positive bias and price remains steady above the 1.1300 mark. Better than expected Euro area retail sales data and Cues from positive Chinese data underpin Euro bulls. The US Greenback remains subdued despite support from caution on account of COVID-19 woes however, keeps gains of Euro capped below the 1.1350 mark. Traders now await US data for short term profit opportunities. 

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