LATEST EURUSD ANALYSIS

Trading ranges have been extremely narrow over the past 24 hours with markets unable to find fresh trading incentives.

EUR/USD found support close to 1.1120 late in the US session on Tuesday and consolidation dominated on Wednesday with a notable lack of fresh trading factors during the day.

There were no significant Eurozone data releases and no comments from ECB officials with the central bank looking to wind down for the summer break.

EUR/USD held above support levels into the US open without being able to gain any significant traction.

There were no comments from Federal Reserve speakers during the US session which also contributed to the lacklustre mood.