EURUSD tests 2-month high at 1.11

7:36 AM May 29, 2020

EURUSD managed to break above the upper limit of 1.08-1.10 trading earlier this week. Upward move accelerated following a break and now the pair is testing 1.11 handle. This is the highest level for EURUSD since March 30! Euro caught a bid after European Commission unveiled a recovery fund plan.

EURUSD is testing 1.11 handle, the highest level since end-March. Source: xStation5

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