EUR/USD dipped to 1.0515 last week but quickly recovered. Initial bias stays neutral this week first. On the upside, break of 1.0759 resistance will argue that corrective fall from 1.1032 has completed at 1.0515, ahead of 38.2% retracement of 0.9534 to 1.1032 at 1.0258. Intraday bias will be turned back to the upside for retesting […]
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In focus today In the US, 2nd estimate of Q4 GDP will be released in the afternoon. The flash release showed GDP growth cooling to 2.3%, but with private consumption growth remaining solid. Several Fed Read more…