EUR/USD managed to regain composure and surpass the key 1.0500 hurdle in recent days.
In case of extra gains, the immediate barrier emerges at 1.0532, the 2025 high from January 27, followed by 1.0629, the December peak, and
1.0746, the 200-day Simple Moving
Average.
EUR/USD holds lower ground near 1.0450 in the European morning on Tuesday. This downside could be attributed to the renewed have demand for the US Dollar amid a risk-off market mood and US rising Treasury bond yields. The focus is on German ZEW and US-Russia talks.