EURUSD - Stable trading above the psychological level of 1,080
Updated
Hello everyone, let's discuss EURUSD today with RKarina!
Currently, the EURUSD currency pair is trading quite calmly and there haven't been many price changes, with trading levels around 1.083 USD from the beginning of the week until now.
Looking at the prospects from today's short-term analysis chart: This currency pair has experienced a pullback above the 0.5 - 0.618 Fibonacci level, indicating that the selling side seems to have an advantage during this period. However, it is still operating weakly as the price continues to hover and align with the two EMA lines, namely the 34 and 89.
If everything goes well and meets expectations, after a slight sideways movement, this currency pair will aim for the next target at the resistance level of 1.086. Let's wait and see the results!
Currently, the EURUSD currency pair is trading quite calmly and there haven't been many price changes, with trading levels around 1.083 USD from the beginning of the week until now.
Looking at the prospects from today's short-term analysis chart: This currency pair has experienced a pullback above the 0.5 - 0.618 Fibonacci level, indicating that the selling side seems to have an advantage during this period. However, it is still operating weakly as the price continues to hover and align with the two EMA lines, namely the 34 and 89.
If everything goes well and meets expectations, after a slight sideways movement, this currency pair will aim for the next target at the resistance level of 1.086. Let's wait and see the results!
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