The short-term trend of the Euro against the US Dollar is neutral. From the buyers’ point of view, if the EURUSD crosses above 1.0786 and the 55-day moving average is at 1.0757, resistance at 1.0935 will be the next target of the Euro.
However, in the eyes of sellers, with the break of the slight support of 1,0641, the euro will be ready to hit the price floor of 1.0348 again.
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