FXstreet.com (Edinburgh) – Renewed bids around 1.3540 are now bolstering another upside attempt in the EUR/USD to the 1.3550/55 region on Tuesday.
EUR/USD eyes on 1.3580
The pair continues its recovery from lows post-ECB rate cut just below 1.3300 the figure in early November, trying to catch up with last week’s peak at 1.3580. Scarce data from the euro area is not helping so far, although the pair has shown strong resilience above the 1.3500 handle. “Near-term we would look to buy dips in EUR/USD. The daily cloud top at EUR/USD1.3596 and the base line at USD1.3564 are likely to …read more