FxGrow Daily Technical Analysis – 24th July, 2017
By FxGrow Research & Analysis Team

EUR/USD Inching Higher Ahead of Multi Local PMI Data


EUR/USD extended the uptrend momentum supported by Draghi's Thursday hawkish QE comments. The pair rallied from 1.1479 low on Thursday and clocked 1.1682 high on Friday with extra +2 pips today, 1.1684 high. On the other hand, uncertainties still revolves around the greenback with absence of health care bill accelerating scandals about Russia meddling in Trump's election pushing U.S Index into 93.63 yearly low.

Technically, the pair is trading 1.1674, testing 10 EMA hourly at 1.1670 ahead of multi local flash Manufacturing and Services PMI which will give ...

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