EUR/USD Eyes Short-Term Retracement as DXY Runs Into Confluence Area

August 14, 2023 at 09:03AM EUR/USD struggled at the back end of last week and that bled over into the Asian session. However, following the European open a short-term retracement is gaining traction. Is it sustainable though?

EUR/USD Eyes Short-Term Retracement as DXY Runs Into Confluence Area