EURUSD: End of stable trading session!
Hello EURUSD observers!
The currency pair ended the week on a gentle note, hovering around the 1.0789 level with a strong downward trend. It seems unaffected by the US PCE inflation data and maintains a stable trajectory.
Looking ahead, I predict that the EURUSD exchange rate will continue to decline, with an immediate stop at 1.076. The EMA lines at 34 and 89 indicate a trend for further downturns!
The currency pair ended the week on a gentle note, hovering around the 1.0789 level with a strong downward trend. It seems unaffected by the US PCE inflation data and maintains a stable trajectory.
Looking ahead, I predict that the EURUSD exchange rate will continue to decline, with an immediate stop at 1.076. The EMA lines at 34 and 89 indicate a trend for further downturns!
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Related publications
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.