EUR/USD to struggle to extend its recovery EURUSD Fed
Buyers are unlikely to commit to a steady recovery, triggering a rally in US Treasury bond yields.”
“EUR/USD is facing initial resistance at 1.05, where the Fibonacci 23.6% retracement of the latest downtrend is located. In case the pair managed to reclaim that level, it could edge higher toward 1.0520 and 1.0540 .”EUR/USD to test 1.05 on upbeat German ZEW – INGInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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