EUR/USD Showing Bullish Divergence Ahead Of Inflation Data Release

EUR/USD has fallen to its lowest level in 9 years before the CPI Flash Estimate y/y release. The common currency sank as deep as $1.1842, its lowest since March 2006. Traders said some sell stops were triggered after the currency broke below Monday’s trough of $1.1861. Data due at 1000 GMT is expected to show… Continue reading EUR/USD Showing Bullish Divergence Ahead Of Inflation Data Release