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Back Fundamental analysis
EUR/USD gets stuck in range as geopolitics fail to boost USD
The euro/dollar pair cannot decide on
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The euro/dollar pair cannot decide on a direction. On Monday, buyers pushed EUR/USD up to the edge of the 1.17 area, marking 1.1699. In that price zone, the upward impulse faded, after which sellers seized control and drove the pair down to 1.1635, the low of the day. Sellers, however, failed to build on their gains. The pair drifted into consolidation in the mid?1.16s, reflecting indecision among both bears and bulls. The fundamental picture for EUR/USD is not only
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Irina Manzenko,
Analytical expert of InstaForex
© 2007-2026
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Irina Manzenko
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