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EUR/USD looks to consolidate lower amid a stronger dollar for now

EUR/USD looks to consolidate lower amid a stronger dollar for now

Unlike other dollar pairs which might be being pushed to the brink, EUR/USD is in a bit of a bend but don't break situation. After the rejection at 1.1000, the pair has been largely consolidating around 1.0700 to 1.0800 since the start of last week before finally breaking out of that funk to trend lower again now.

That said, there isn't any major breakdown in technical levels with the pair still largely caught betwe... Read More

Posted: Feb 17 2023, 08:57
Author Name: forexlive
Views: 102129

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