How is EUR/USD performing?
The daily downside in EUR/USD seems to have found some support in the 1.0850 area on Tuesday. The renewed and strong buying pressure around the greenback has relegated spot to print fresh multi-month lows around the mid-1.0800s, where it now seems to have found some (temporary?) support.
According to Karen Jones, Head of FICC Technical Analysis Research at Commerzbank, the pair remains poised for a test of the 1.0820 area.