EUR/USD Price Forecast: Bearish momentum fades, 1.1700 caps recovery

The Euro (EUR) regains traction against the US Dollar (USD) at the start of the week, as renewed weakness in the Greenback lifts EUR/USD away from one-month lows. At the time of writing, the pair trades around 1.1676, up nearly 0.36% on the day, snapping a seven-day losing streak.

EUR/USD Price Forecast: Bearish momentum fades, 1.1700 caps recovery
The Euro (EUR) regains traction against the US Dollar (USD) at the start of the week, as renewed weakness in the Greenback lifts EUR/USD away from one-month lows. At the time of writing, the pair trades around 1.1676, up nearly 0.36% on the day, snapping a seven-day losing streak.

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