The shared currency is now losing the control against USD, taking EUR/USD to the negative territory near 1.1240.The pair’s upside seems to have lost momentum on Thursday following yesterday’s strong advance to the area of 1.1280, stimulating spot to retreat to the current area while the dollar’s performance remains stable up to now.
The pair is now losing 0.03% at 1.1245 and a break below 1.1200 would target 1.1145 en route to 1.1045. On the other hand, the first obstacle line up at 1.1275 followed by 1.1300 and finally 1.1330.
Fundamental Analysis
by https://www.fxervin.com/
