EUR/USD Forecast: Euro could struggle to extend rebound in case 1.0880 stays intact

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EUR/USD Forecast: Euro could struggle to extend rebound in case 1.0880 stays intact
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EUR/USD staged a rebound and closed the day in positive territory near 1.0850 on Wednesday after dipping to its lowest level since mid-June at 1.0800.

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR /JPY .Early Thursday, Nasdaq Futures gain more than 1% on the day, suggesting that the rally in technology shares are likely to continue.

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