EURUSD Chart Technical Outlook

EURUSD Chart Technical Outlook on D1 time frame
EUR/USD climbs to 1.0833, lifted by Eurozone’s widened current account surplus and quiet US market.
•ECB wage data and Lagarde’s remarks indicate a measured easing stance, awaiting Q1 insights.
•US Leading Index and forthcoming FOMC minutes anticipated to guide EUR/USD amidst varying expectations.

The Euro extended its losses during the North American session, climbing above the 1.0800 figure after current account data in the Eurozone (EU) surpassed estimates. An absent economic calendar in the United States (US) after a holiday weakened the Greenback. The EUR/USD trades at 1.0833, up 0.52%.

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