EUR/USD Could Head Back to 1.1400 as Dollar Recovers
The Dollar Index is recovering from recent sharp moves, potentially pushing EUR/USD toward 1.1400.
EURUSDDXYUSDJPYEURJPY
In early trading, the Dollar Index is showing signs of relief after volatile sessions, with a possible rise to 100.50. Concurrently, the euro may fall back toward 1.1400 against the dollar.
The moves follow a period of sharp fluctuations in the greenback and euro crosses. USDJPY and EURJPY are also stabilizing, according to the briefing.
Source: FXStreet Forex News