EURUSD Overview, May 7

The EURUSD pair slipped beneath the 1.12 handle in the last hour. The pair held higher in early trading, generally on the back of the USD weakness across the pond. The pair is up for the third continuous session on Tuesday, supported by hopes of a possible US-China trade agreement

EURUSD trades above 1.1210

After a short re-test of the region underneath the 1.12 handle on Wednesday, the EURUSD pair has managed to recover some calmness and is currently posting some gains above 1.1210. Buyers scarcely guarded the near term bullish bias during night with some help from support around 1.1185 however so


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