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EUR/USD seen in 1.1150-1.1250 range until ECB

Short-term move downwards loses momentum profit-taking lifts EUR/USD above 1.1200 Risk-taking ahead of ECB Thursday & NFP data Friday Bears reluctant sellers so close to the trend low (1.1098) Technicals, fundamentals & …

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  • Short-term move downwards loses momentum profit-taking lifts EUR/USD above 1.1200

  • Risk-taking ahead of ECB Thursday & NFP data Friday

  • Bears reluctant sellers so close to the trend low (1.1098)

  • Technicals, fundamentals & interest rate divergence weigh

  • Pre-event consolidation likely within 1.1150-1.1250

 

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