EURUSD Rises as USD Continues to Struggle
Uppdaterad
Hello dear friends!
Today, EURUSD continues to maintain its upward trend after successfully breaking through the resistance level at 1.095. This currency pair is supported by market news released yesterday, which continues to have a negative impact on the USD and acts as a favorable wind for EURUSD to continue moving towards new highs around the 1.105 level. Additionally, the reversal signal of the EMA 34 is also a good sign for the recovery of this currency pair.
If it manages to surpass the current resistance level at 1.101, EURUSD could potentially advance further to around 1.108 before the next correction phase takes place.
Today, EURUSD continues to maintain its upward trend after successfully breaking through the resistance level at 1.095. This currency pair is supported by market news released yesterday, which continues to have a negative impact on the USD and acts as a favorable wind for EURUSD to continue moving towards new highs around the 1.105 level. Additionally, the reversal signal of the EMA 34 is also a good sign for the recovery of this currency pair.
If it manages to surpass the current resistance level at 1.101, EURUSD could potentially advance further to around 1.108 before the next correction phase takes place.
Handel aktiv
Kommentera
Handel aktiv
Trade stängt: målet nått
Related publications
Frånsägelse av ansvar
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.