The EUR/USD has been moving in a tight range around 1.1600 on Tuesday's European session, buoyed by a risk appetite, despite accusations of ceasefire violations in the Middle East. The pair had jumped about 1.30% from the previous day's lows following the announcement of a truce in the Middle East and holds gains with all eyes on the Federal Reserve's (Fed) Chairman Jerome Powell's testimony to Congress.
A confirmation below 1.15798 level would cancel the bullish view and bring the June 19 and June 22 low at 1.1445 back to the focus.
A confirmation below 1.15798 level would cancel the bullish view and bring the June 19 and June 22 low at 1.1445 back to the focus.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.