The EUR/USD attempted recovery from the 7-week lows but never went too far. The relentless rise in US bond yields continues dominating the scene ahead of Draghi. The technical picture remains bearish for the pair, and the lack of a meaningful recovery does not bode well for the pair. The EUR/USD is trading around $1.2200, [...]
The post EUR/USD fails to make a meaningful recovery – this doesn’t look good appeared first on Forex Crunch.
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