The short-term trend of the Euro against the US Dollar is upward and the positive return starting from the rate of 1.0348 continues. Breaking the 55-day moving average at 1,0757, resistance at 1.0935 will be the next EURUSD target.
However, in the eyes of sellers, if the pair crosses below the slight support of 1.0641, the euro will be ready to hit the price floor of 1.0348 again.
* Technical H4 analysis of EURUSD
* Technical daily analysis of EURUSD
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www.ClimaxPrime.org
[email protected]
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