OmiFX8

EURUSD moves above 1.12 on Trump tariffs news

FX:EURUSD   Euro / U.S. Dollar
News that Trump is to delay decision on auto tariff imports by 6 months seem to have put a strong bid under the EUR. The pair has moved above 1,1214, but is not out of the woods yet as the lower highs pattern is still intact.

The bulls need to violate that pattern with a move above 1.1263. That may entice fresh bids yielding a rise to 1.14.

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