The euro is trading in the low 1.08s on Tuesday after testing below the round number over the previous session. EUR/USD halved its losses as risk got bid and the dollar was offered
EUR/USD could stay pressured on short-term MAs crossing. We could see a test of the 100DMA, which stands at 1.0779
Daily moves have narrowed in recent sessions, while the Bollinger Band width is now at levels not see since early November
Comments