Wed, 16 Jun 2021 06:43:45 GMT
EUR/USD could be squeezed
The EUR/USD bounced off the support of the zone above the 1.2100 level and started a recovery, which ended at the 1.2130 level. On Wednesday, the pair was trading sideways between the 55 and 100-hour simple moving averages, which were located at 1.2120 and 1.2136.
In the near term future, the rate was expected to get squeezed in between the