EUR/USD holds higher ground above 1.1100
Updated
Hello dear friends! EUR/USD continues to rise above the psychological level of 1.1100 in Thursday's trading session, reaching the target of conquering the 1.10 peak that we set earlier.
The US dollar, in general, appears weaker, providing some support for the major currency pair, despite the recovery of US Treasury bond yields. EURUSD still manages to show strong bullish momentum.
The upward momentum is still maintained strongly, with the EMA 34 technical indicator reversing. The trend is currently upward and steady, with a support level at 1.100.
What about you? Do you want EURUSD to increase or decrease in price?
The US dollar, in general, appears weaker, providing some support for the major currency pair, despite the recovery of US Treasury bond yields. EURUSD still manages to show strong bullish momentum.
The upward momentum is still maintained strongly, with the EMA 34 technical indicator reversing. The trend is currently upward and steady, with a support level at 1.100.
What about you? Do you want EURUSD to increase or decrease in price?
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