The Euro initially tried to rally in the year over trading on Thursday but has given back a bit of the gains to look rather sluggish. We are sitting on top of a significant support barrier in the realm of 1.12, so this is certainly an area worth paying attention to.
For the full article:
https://www.fxempire.com/forecasts/article/eur-usd-price-forecast-euro-sluggish-656126/
Find more information about Forex and Commodities News (https://www.fxempire.com/news), Technical Analysis (https://www.fxempire.com/forecasts/technical), Fundamental Analysis (https://www.fxempire.com/forecasts/fundamental) and Brokers (https://www.fxempire.com/forex-brokers) on FX Empire (https://www.fxempire.com/).