EURUSD Outlook

 

EURUSD Broad-based strength in the U.S dollar index and fears of escalating protests in Catalonia over the weekend are adding to the euro’s woes.

The pair resumed its negative trading clearly to push on 1.1600 barriers and settles below it, reinforcing the expectations of extending the bearish wave on the short-term basis, which its next target located at 1.1424, reminding you that holding below 1.1700 represents the key condition to continue the suggested decline.eu

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