Tuesday, 20 April 2021

Euro Outlook - EUR/USD Breakout But Sustained Rally May Prove Difficult

The single currency has broken above 1.2000 resistance against the US dollar and while this level now turns to support, further gains may be limited.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...