18.05 - EUR/USD moves within a consolidation range above the 1.0800

Print

 

eur usd18052020pushEUR/USD remains side-lined around the 1.0800 marks so far on Monday, as market participants keep tracking the progress of the gradual re-opening of some economies in Euroland.

In addition, the re-emergence of the US-China trade jitters keep the buying bias almost unchanged around the greenback and undermines any serious bullish attempt in the pair.

 

Tags: tools, eur/usd, Tools Trades, toolstrades