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Today, EURUSD continues to be supported by the general easing in US dollar flows after the Federal Reserve met the market halfway and maintained interest rates unchanged in another meeting.
Regarding the outlook: EURUSD is still struggling to break through the key resistance level at 1.0920 and near the activity zone of EMA 34, 89. The trading strategy continues to prioritize buying on price dips with the main support zone clearly marked on the 1H chart.
Today, EURUSD continues to be supported by the general easing in US dollar flows after the Federal Reserve met the market halfway and maintained interest rates unchanged in another meeting.
Regarding the outlook: EURUSD is still struggling to break through the key resistance level at 1.0920 and near the activity zone of EMA 34, 89. The trading strategy continues to prioritize buying on price dips with the main support zone clearly marked on the 1H chart.
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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.