EUR/USD moved above the 1.0450 level as traders focused on the Euro Area Consumer Confidence report

usd_eur_news_1EUR/USD Climbed Above The 1.0450 Level

EUR/USD is moving higher as traders focus on the better-than-expected Euro Area Consumer Confidence report. The report showed that Consumer Confidence improved from -14.2 in January to -13.6 in February, compared to analyst consensus of -14.

If EUR/USD climbs above the 1.0500 level, it will get to the test of the nearest resistance level at 1.0515 – 1.0530.

EUR/USD

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