EUR/USD: Breakout Signal From EMA Crossover

2 days agoThe EUR/USD chart shows that the 34 EMA has crossed above the 89 EMA, a bullish sign that is often seen as a buy signal. The major resistance at 1.1127 is being tested, and if it is cleared, the price could climb higher. On the other hand, a key support level is located at 1.1050, so any dips should be watched closely.