EUR/USD entered a phase of consolidation that spanned yesterday’s session

EUROSTOXX 50 (Mar 13) INTRADAY Review The first session of this week entailed a relatively slow phase of consolidation at the highs, with the price still showing signs of being accepted at the current elevated levels. Our yesterday’s entry long at 2,740 was reached following the early morning downtick and out first profit target at 2,754 was reached thereafter. Overall, a clunky session in terms of trading momentum as markets await notable macroeconomic data scheduled throughout the week.

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EUR/USD entered a phase of consolidation that spanned yesterday’s session