EUR/USD FOREX TIPS FOR DAY TRADING

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The EUR/USD pair is seen meandering near five-day lows below 1.06 handle, and looks vulnerable amid broad based US dollar strength and widening European bond yields in wake of political uncertainty.

Currently, the spot drops -0.28% to 1.0582, hovering within a striking distance of five-day lows of 1.0577.  The EUR/USD pair remains on the offers as markets reduce their bullish bets on the euro.

Current exchange rate of EUR/USD pair is 1.0585.

Our Latest Recommendation:

Sell as the pair is going down in Forex market.

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