EUR/USD Price Analysis: Euro stays defensive above 1.0770 support ahead of German/US data

EUR/USD reverses from intraday high despite lacking upside momentum during very early Tuesday morning in Europe. Even so, the Euro pair remains on the

EUR/USD remains lackluster after bouncing off 5.5-month-old rising support line, reverses from intraday high of late.Convergence of 10-DMA, fortnight-old resistance guards immediate upside ahead of 1.0910 hurdle.reverses from intraday high despite lacking upside momentum during very early Tuesday morning in Europe. Even so, the Euro pair remains on the bull’s radar while flashing 1.

It’s worth noting that a convergence of the 10-DMA and a 13-day-long falling trend line guards immediate recovery of the EUR/USD pair near 1.0850.

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