EUR-USD
The EUR/USD pair is currently hovering near the support level of 0.08190, indicating a potential area of buying interest. Despite recent fluctuations, the overall trend appears to be consolidating within a range, with the support level holding firm for the time being. The proximity of the current price to the support level suggests a possible bounce or reversal, particularly if there is a bullish catalyst or if market sentiment shifts favorably towards the euro.
A break above the resistance level at 0.08820 could confirm the beginning of an upward trend, potentially leading to further gains in the EUR/USD pair.
A break above the resistance level at 0.08820 could confirm the beginning of an upward trend, potentially leading to further gains in the EUR/USD pair.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.