EUR/USD is back headed north after staging a limited bearish correction, having risen near 70 pips from lows back above the 1.4200 mark.
EUR/USD reached a fresh session high at 1.4234 within the last hour, just 5 pips shy of its 4−day high struck earlier, although uncertainty has been capping further gains in the hegemonic currency ahead of the euro zone summit on Thursday.
At time of writing, EUR/USD is quoting at the 1.4225 area, recording a 0.50% gain on the day. On the upside, next resistance lies at the 1.4240/50 zone and then 1.4285, while on the downside, immediate support could be found at 1.4190 ahead of 1.4165....
At time of writing, EUR/USD is quoting at the 1.4225 area, recording a 0.50% gain on the day. On the upside, next resistance lies at the 1.4240/50 zone and then 1.4285, while on the downside, immediate support could be found at 1.4190 ahead of 1.4165....
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