EUR/USD continues to be supported at price increase
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Breaking free from the price hike channel, the EUR/USD continues to be supported in its upward trend as the USD continues to weaken, extending its impact to today. Currently, this currency pair is trading at 1.0928 and indicates a continued upward momentum with stability on the daily timeframe.
The resistance level of 1.068 - 1.07 has been broken and has now become a strong support area. Therefore, it would not be surprising if the current target for EUR/USD is to advance towards the resistance level of 1.10 after the correction period.
Breaking free from the price hike channel, the EUR/USD continues to be supported in its upward trend as the USD continues to weaken, extending its impact to today. Currently, this currency pair is trading at 1.0928 and indicates a continued upward momentum with stability on the daily timeframe.
The resistance level of 1.068 - 1.07 has been broken and has now become a strong support area. Therefore, it would not be surprising if the current target for EUR/USD is to advance towards the resistance level of 1.10 after the correction period.
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