FxGrow Daily Technical Analysis – 22nd June, 2017
By FxGrow Research & Analysis Team
EUR/USD Revives The Bullish Trend Ahead of U.S Data
EUR/USD plunged yesterday to 1.1127 low but managed to make a reverse course with a daily bullish candle at 1.1169 high. Today, the pair clocked a newer high at 1.1177 with expectations for further pip gains as the greenback trading pale with 97.05 low.
Fundamentally, U.S Dollar was receiving a lifting hand by FOMC members, crossing wires extending hawkish stance ever since U.S Feds hiked a 0.25% interest rates for desperate measures knowing that current Trump policy and it's negative impact on the buck will limit the Index from normal gains. EUR/USD awaits U.S Unemployment Claims today ...
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