Home / EUR / EUR/USD in bearish consolidation around 1.0715, PMIs eyed

EUR/USD in bearish consolidation around 1.0715, PMIs eyed

Having found fresh bids just ahead of 5-DMA at 1.0705, the EUR/USD pair stalled its sell-off and thereafter entered a phase of downside consolidation, as markets await the releases of Euro area flash services and manufacturing PMI reports for next direction.