EUR/USD remains in a daily range above 1.0700 during the European session on Tuesday after closing in positive territory on Monday. Mixed ZEW sentiment data from Germany and the Eurozone makes it difficult for the Euro to find demand as the focus shifts to US data.
Looking from the technical picture, the downward momentum is kept intact with the trend still favoring sellers and the EMA 34, 89 remaining stable.
Wishing you happy trading!
Looking from the technical picture, the downward momentum is kept intact with the trend still favoring sellers and the EMA 34, 89 remaining stable.
Wishing you happy trading!
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