EUR/USD Weekly Forecast – 10 August – 14 August
Euro went back and forth in the course of the last week, going below 1.09 handle initially, but rebounding by the end of the week and finishing it well above 1.09 level. However, we still believe that there is plenty of resistance for this pair above 1.10 handle, and it remains stuck into consolidation between 1.08 and 1.12 handle. As for next week, we would be more focused on US data and by the end of the week on Eurozone
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