EUR/USD Price Forecast: Bulls have the upper hand while above 100-hour SMA, around 1.1380 area

  • The EUR/USD pair attracts some dip-buying at the start of a new week, reversing a part of Friday's slide and stalling last week's pullback from the highest level since April 22. Spot prices trade around the 1.1420 area, up over 0.20% for the day, and seem poised to climb further amid a broadly weaker US Dollar (USD).