EUR/USD Forecast: Euro turns vulnerable despite hot inflation data

and seems to be having a tough time reclaiming it. Meanwhile, the Relative Strength Index indicator retreated toward 50, suggesting that buyers remain hesitant.continues to trade above the ascending trend line coming from mid-May, which is currently located at 1.0700. As long as this support stays intact, sellers could stay on the sidelines. If that level turns into resistance, however, additional losses toward 1.0680 , 1.0660 and 1.0620 could be witnessed.

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