The common currency brushed aside weakness in the latest Sentix investor report as the currency remained bullish. The monthly report saw the index falling to -3.3, missing estimates of 2.3. Previously, the index registered a reading of 5.3. Later today, the ECB President Mario Draghi is slated to speak at a scheduled event.
EURUSD Aiming to Test Last Friday’s Highs
The currency pair has been retracing the modest losses from earlier this week. Price action is seen aiming for Friday’s highs near the 1.1338 level. A close above this high could potentially confirm further upside in price. The next main price level of interest in the currency pair is 1.1400.
