Euro Rally

EURUSD is Trading Zig-Zag around 1.11 Handle

EURUSD Hourly (H1) Chart

EURUSD: The pair is trading zig-zag around 1.11 handle but sharp supply around 1.1100 handle and broad-based risk sentiment kept EURO bulls supported. USD’s recovery caps EURO’s gains below the mid-1.11 handle. Cues from G7- emergency conference will decide the directional bias of EURO but pair is unlikely to scale the 1.1150 handle during the North American session. 

Was this post helpful?