Hello, beloved friends! Let's together explore the heartbeat of the EURUSD market today!
In this calm trading session on Wednesday, EURUSD remains at 1.086, reflecting the closing level from yesterday.
The strength of the US dollar continues to challenge riskier assets, bolstering the US Dollar Index (DXY) and impacting the slight decline of EUR/USD.
From a technical standpoint, the 1.080 level is crucial for sellers as it could signify a deeper correction or a point of recovery for EURUSD after its recent decline.
What is your perspective? Will EURUSD rise or fall in the short term?