EUR/USD Pauses Winning Streak, Trading Below 1.0500
EUR/USD has halted its four-day winning streak, now trading around the 1.0490 level. With major US financial markets closing for Presidents’ Day, liquidity may remain thinner during the North American session. This pause presents an interesting moment for traders. Market analysis suggests that such consolidation phases can lead to significant price movements once activity resumes. Investors should be prepared for potential volatility as trading volume returns. Stay informed on market updates that could impact this pair.