EURUSD approaches 200-DMA hurdle amid Poland-inspired jitters ahead of US Retail Sales, ECB’s Lagarde – by anilpanchal7 EURUSD ECB RetailSales RiskAppetite Currencies
Indecision over Russian-made missiles challenges EURUSD bulls
Given the softer data from the United States, the recently mixed concerns over the Fed’s pivot join receding hawkish bets on the US central bank’s next move to weigh on the EURUSD price.After witnessing recently downbeat US Consumer-centric data, the EURUSD pair traders will wait for the details of the US
EURUSD price pierces a six-month-old horizontal resistance area surrounding 1.0350 as bulls approach the 200 Daily Moving Average , close to 1.0425 by the press time. Alternatively, a horizontal line comprising multiple levels marked since July, around 1.0280, restricts the EURUSD pair’s immediate downside.
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