- EUR/USD remains below the 1.0700 barrier so far on Friday.
- Bullish attempts are expected to find the next hurdle near 1.0750.
He EUR/USD gets modest gains in the 1.0670/80 area at the end of the week.
In case the bullish bias picks up, there is an initial barrier at the round level of 1.0700 before the monthly high of 1.0756 (Nov 6).
Meanwhile, below the 200-day SMA at 1.0801, the outlook for the pair should remain negative.
EUR/USD Daily Chart
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
