The EUR/USD pair moved sideways ahead of key economic events scheduled for this week.
Enter your emailWhile the long-term trend is bearish, there is a likelihood that the pair will keep rising as bulls target the key resistance at 1.0675.Timeline: 1-2 days.pair moved sideways ahead of key economic events scheduled for this week.GET STARTEDThe EUR/USD pair has been in a recovery mode in the past few weeks as pressure on the European Central Bank remains.
The key data to watch today will be the latest German business assessment data by the Ifo Institute. Economists expect these numbers to show that the business climate index declined from 91.8 to 91.4. On the other hand, they expect that the current assessment declined from 97.2 to 95.8. At the same time, business expectations are expected to drop from 86.7 to 83.5.
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