EUR/USD rises to session high, tests 1.1800 handle

EUR/USD up to a high of 1.1804 on the day

The market is starting to see some life as the Trump-Kim summit starts to enter the "sunset phase". The euro is catching a bid once again, and we're also seeing sterling rising alongside it. EUR/USD now breaks above the 100-hour MA (red line) as buyers look to establish a bullish bias in the pair again after falling below said key level in the early hours of Asian trading today.

The 1.1800 handle will be a key level for buyers to hold above, with further resistance seen at yesterday's high @ 1.1820 and last week's high of 1.1840.

Featured Videos