Major direction of the EUR/USD is in a down trend. However, the EUR/USD has been supported at the 1.0850 level.
Anticipating high inflation data from the US CPI to be released on Tuesday 12th April, we could see the EUR/USD move lower, following USD strength.
If EUR/USD breaks support level of 1.0850, look for selling opportunities towards next support of 1.07
Anticipating high inflation data from the US CPI to be released on Tuesday 12th April, we could see the EUR/USD move lower, following USD strength.
If EUR/USD breaks support level of 1.0850, look for selling opportunities towards next support of 1.07
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