EUR/USD at Key Inflection Point Ahead of US PPI Data
The euro/US dollar (EUR/USD) currency pair is attempting to break out of an inverse head and shoulders pattern, which was formed when it reached a high of 1.2231/50 on Thursday. However, the pair is still firmly rooted to the support zone of 1.1600/10. If this zone fails to hold, the euro/dollar pair could resume its downward trend. After a choppy […]
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