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EUR/USD consolidates at monthly highs

FXstreet.com (Córdoba) – The EUR/USD found no inspiration Friday and has spent most of the day in a tight range just below its monthly low scored at 1.3621 during the Asian session.

Even though US markets are open, liquidity remains low after the US Thanksgiving Holiday and during the Black Friday. At time of writing, EUR/USD is trading at the 1.3610/15 zone, 0.1% above its opening price and on track to post its third weekly gain in a row and its third monthly rise as well.

EUR/USD technical outlook

“Technical readings in the hourly chart hold in positive territory yet directionless, while …read more