EUR/USD is trading near an 8-week high
The EUR/USD is trading near an 8-week high
Yesterday 30th, the EUR/USD traded higher and closed the day in the positive territory around $1.0905. Today 31th, it was trading in a narrow range of $1.0900-25, staying close to an 8-week high. On the hourly chart EUR/USD is still trading above the moving average line MA (200) H1 ($1.0815). The situation is similar on the four-hour chart.