Fri, 10 Feb 2023 13:10:45 GMT
EUR/USD waits for US data week
The EUR/USD shortly pierced the resistance zone at 1.0762/1.0766 due to the publication of lower than forecast German Consumer Price Index. Namely, for some reason the lower than expected inflation was seen by the markets as positive for the Euro. However, the pair did not remain above the resistance zone for long.
On Friday, the pair was back near 1.0700.
Economic