Beskrivning
⋅ Can the EUR/USD maintain its upward trajectory, breaking above 1.13 and move towards 1.14?
The Euro has been one of the main beneficiary from the weakening of the USD.
ECB will be making a rate decision on Thursday, followed with a press conference with chair Mario.
I believe that the news event might have muted activity (as the UK will be conducting their election on the same day)
However, if EUR/USD closes above 1.13, we could see a regenerated euro gaining further against the USD.