FXStreet (Edinburgh) - FX Strategist at OCBC Bank Emmanuel Ng noted the pair remains well supported in the 1.1170 area for the time being. Key Quotes “Disappointing Aug German factory orders (-1.8% mom) failed to deter broad dollar bearishness on Tuesday and the EUR-USD may attempt to garner further upside traction in the near term”. “Note the ECB’s Liikanen discouraging expectations of a tweak to the ECB’s QE program. Look towards 1.1330 while an interim floor is expected on dips towards the 55-day MA (1.1171)”. For more information, read our latest forex news.