The minor-recover seen in the EUR/USD pair lost legs just below 20-DMA, knocking-off the rate briefly below 1.07 handle.
Currently, the spot drops -0.44% to hover near fresh session lows of 1.0695, as the bears fight back control amid renewing buying interest seen behind the greenback versus its major rivals. The USD index rises +0.32% to 100.17, having posted daily tops at 100.21.
Current exchange rate of EUR/USD is1.0694.
Our Latest recommendation:
Sell EUR/USD pair as it is going down in Forex Market.