EUR/USD Squeezed as Euro Recovers, but Can it Become Something More?
June 07, 2018 at 11:18 AM EDT
The Euro continues to gain, helping to wipe away prior losses from the month of May. EUR/USD has posed a bullish breakout above a key zone of resistance and is now finding sellers just shy of the 38.2% Fibonacci retracement of the recent downtrend.