EUR/USD Update – 19/07/2017 (13:36 pm) – by Arjun Lakhanpal

July 19, 2017 by

EUR/USD Update – 19/07/2017 (13:36 pm): After testing session lows in the vicinity of 1.1510, EUR/USD met some buyers and is now hovering over the 1.1535/40 area. Looking ahead, EUR should stay vigilant on tomorrow’s ECB meeting amidst rising speculations of some kind of announcement regarding the bond-buying programme, which in turn have been sustaining the pair’s upbeat sentiment as of late. On the upside, a breakout of 1.1583 (high Jul.18) would target 1.1616 (2016 high May 3) en route to 1.1713 (monthly high Aug.24).