EUR/USD rises to 1.0600 as US Dollar recovery stalls
已更新
Hello dear friends!
Currently, EUR/USD is challenging the 1.0600 level after finding new demand in the early Asian trading session on Wednesday. The recovery of this currency pair is reinforced by the pause in the overnight recovery of the US dollar. The next focus for Euro traders is the German IFO survey.
On the technical analysis chart, after EU returned to the EMA activity zone and tested the price trendline, there are signs of a potential price increase. If the Euro rises above 1.0610, it will alleviate downward pressure and the upward momentum may continue if it consolidates above 1.0640, and even higher at 1.070.
What about you? Do you think the Euro will rise or fall in the near future?
Currently, EUR/USD is challenging the 1.0600 level after finding new demand in the early Asian trading session on Wednesday. The recovery of this currency pair is reinforced by the pause in the overnight recovery of the US dollar. The next focus for Euro traders is the German IFO survey.
On the technical analysis chart, after EU returned to the EMA activity zone and tested the price trendline, there are signs of a potential price increase. If the Euro rises above 1.0610, it will alleviate downward pressure and the upward momentum may continue if it consolidates above 1.0640, and even higher at 1.070.
What about you? Do you think the Euro will rise or fall in the near future?
交易進行
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。