EURUSD Price Analysis: Euro pierces 100-DMA hurdle ahead of Eurozone, US inflation clues
- EURUSD remains on the front foot at the highest level in 12 days.
- Clear upside break of six-week-old descending trend line, bullish MACD signals keep Euro buyers hopeful.
- Dovish Fed bias also keeps pair buyers hopeful ahead of Eurozone HICP, CPI and US Core PCE Price Index.
- 50-DMA lures Euro bulls while 200-DMA acts as an additional downside filter.
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