FX.co - Review of EUR/USD on March 10, 2021

10 March 2021 at 2:11PM (UTC+0)

Relevance until11 March 2021 at 2:02PM (UTC+0)

EUR/USD

The euro is trying to grow.

CPI inflation came out below the forecast at +0.4%, while the so-called core was at +0.1%, which was forecasted at +0.2%.

The euro is likely to try to organize an upward reversal.

You may consider buying from 1.1920, stop at 1.1870.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Jozef Kovach

FX.co ★ Review of EUR/USD on March 10, 2021