$EURUSD Forecast: Euro stays fragile while below parity by eren_fxstreet forex trading
echnical outlook suggests that Tuesday's action was a technical correction and the pair could find it difficult to gather bullish momentum unless there is an improvement in risk sentiment.
In the second half of the day, July Durable Goods Orders and Pending Home Sales data from the US will be looked upon for fresh impetus. In case the pair starts using 0.9950 as support, it could face interim resistance at 0.9975 before testing parity.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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