EUR/USD hits fresh session lows ahead of US PMI

March 1, 2021

The dollar is recovering some lost ground across the pond. Hence, the bids in the dollar are pushing EUR/USD to new lows since 18 February. So, that places some pressure nearer to 1.2023.

The 100-day moving average in the EUR/USD pair comes in at 1.2029. This level will be a key spot to watch.

The dollar has erased losses against the pound as the GBP/USD pair tumbles to 1.3945 levels. USD/CAD is returned up to 1.2692.

EUR/USD HITS FRESH SESSION LOWS AHEAD OF US PMIhttps://t.co/e1HoCpWibG pic.twitter.com/UT4CW1pux8

— 360ForexSignals.com (@petromenea) March 1, 2021