The EUR/USD continues to display indications of consolidation as economic and market developments pushes it along either side of the trade.
EUR/USD Forecast
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The EUR/USD bearish push fizzles as the strong support region stood firm. Consolidation may continue as uncertainty continues.
The EUR/USD slides as apprehension regarding the economic situation increases in view of economic uncertainty.
The EUR/USD finishes the week flat in absence of a dominant momentum. Global developments remain fluid and yield the potential to influence.
The EUR/USD gives up it's bullish momentum as 1.2 provided strong resistance. The easing of Gold needs to be monitored for possible insights.
The EUR/USD surged in value as the US dollar weakens. It is imperative to observe global developments for clues on what's next.