EUR/USD: Euro regroups at 110.480 after U.S. dollar rallied

The Euro did not quite get an opportunity to recover from its previous drop. The Euro made two attempts at 1.10950 but failed. The Euro suffered further losses following U.S. and china agreement to lift tariffs which saw the dollar continued its rally and was pushed the Euro further down to around 1.10480 support. The Euro trades at around 1.10480 support at the time of writing and needs to remain above this level to head back up to 1.10640 and 1.10790; support is at around 1.10295