The EUR/USD is back to the well-known trading range after a short-lived move to the upside. The disappointing German ZEW figure casts another shadow over euro-zone growth. The technical picture is slightly bullish, but the range may remain the king. The EUR/USD is trading around $1.2380, balanced on the day. However, this does not tell the whole story. [...]
The post EUR/USD cannot really go up – creates a double-top of sorts appeared first on Forex Crunch.
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