The pair EUR/USD goes up slightly at the Forex currency market on Tuesday morning after yesterday’s fall.
By 9.30 MSK the Euro is at 1.3778 against yesterday’s closing level of 1.3736.
Investors are waiting for the U.S. economic news today, in particular indicator of primary housing market that can sustain interest in risky currencies, bring tranquility in the market and restore confidence in stability of American economy.
However, taking account yesterday’s dynamics of the Euro it is getting ever more apparent that previous growth of the pair EUR/USD was based purely on expectations which have not been backed by practical steps.
Therefore, strong catalyst is required for the Euro to continue its growth, which is not yet available.
Most likely the pair EUR/USD will not leave the range of 1.3700-1.3810 at the trading session on Tuesday.
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