U.S. Dollar Index Attempts To Settle Back Above 1.0700
EUR/USD Retreats As Euro Area Economic Sentiment Index Misses Estimates
EUR/USD moved lower as traders rected to Euro Area Economic Sentiment Index report. The report showed that Economic Sentiment increased from 18 in January to 24.2 in February, compared to analyst consnesus of 24.3.
In case EUR/USD settles above the 1.0470 level, it will head towards the nearest resistance, which is located in the 1.0515 – 1.0530 range.
