EUR/USD shows weakness near the immediate support of 1.0730 in Tuesday’s European session.
EUR/USD stays on the back foot near 1.0730 as the European Union’s political uncertainty weakens the Euro’s appeal. The ECB refuses to commit to a specific interest-rate trajectory. The US Dollar’s appeal remains firm ahead of the Fed ’s decision and the US CPI report.
For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR /USD . Technical Analysis: EUR/USD continues its losing streak EUR/USD extends its losing streak for the third trading session on Tuesday. The major currency pair weakened after failing to hold the breakout of the Symmetrical Triangle formation, suggesting that the overall trend has turned bearish.
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