Hello dear friends, What do you think, will EURUSD rise or fall today?
From the 1-hour chart, we can observe that the price is consolidating with the possibility of a breakout at any moment. Currently, the price is fluctuating around the level of 1.062, with a continued upward trend being favored.
According to Karina, the price may breakout at 1.064 due to the ongoing bullish trend, coupled with the expectations of a dovish stance from the Fed, which supports the strengthening of the US dollar as a defensive measure for this currency pair.
What about you? What are your thoughts on EURUSD today?
From the 1-hour chart, we can observe that the price is consolidating with the possibility of a breakout at any moment. Currently, the price is fluctuating around the level of 1.062, with a continued upward trend being favored.
According to Karina, the price may breakout at 1.064 due to the ongoing bullish trend, coupled with the expectations of a dovish stance from the Fed, which supports the strengthening of the US dollar as a defensive measure for this currency pair.
What about you? What are your thoughts on EURUSD today?
Comment:
If you find this information helpful and useful, please leave a like and follow to receive the latest updates!
Trade active
Order cancelled
