ONTRADE Forex

EUR/USD Forecast: Euro recovery loses steam ahead of US data

EUR/USD Forecast: Euro recovery loses steam ahead of US data
EUR/USD stays in a consolidation phase above 1.1500 in the European session on Friday after rising nearly 0.5% on Thursday. As market participants await the University of Michigan’s (UoM) Consumer Sentiment data for November, the pair’s technical outlook highlights buyers’ hesitancy.

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