Broad-based US Dollar weakness has pushed nearly all the major currencies higher against the USD for the last couple of weeks. As per my analysis, US Dollar weakness may continue to persist in the near future.
This gives currency traders the opportunity to go long on pairs like EUR/USD.
For now, Bulls have faced a small hurdle at 1.1145 key level.
However, EURUSD Buyers can enter the picture again at 1.10 level which was successfully broken by the Bulls.
This gives currency traders the opportunity to go long on pairs like EUR/USD.
For now, Bulls have faced a small hurdle at 1.1145 key level.
However, EURUSD Buyers can enter the picture again at 1.10 level which was successfully broken by the Bulls.
