EURUSD: Continue to maintain price increase momentum
Updated
EURUSD continues to be supported to increase in price when the USD decline continues to last until today. The pair is currently trading at 1.0922 and showing bullish momentum with a 0.12% increase on the day.
It can be seen that EURUSD has completely ended its previous long downtrend and is gradually confirming its strong upward momentum. The resistance level 1.068 - 1.07 was broken and became a strong support area. The current target for EURUSD will be to gradually advance towards the 1.10 resistance area before the next correction occurs as analyzed from the chart.
It can be seen that EURUSD has completely ended its previous long downtrend and is gradually confirming its strong upward momentum. The resistance level 1.068 - 1.07 was broken and became a strong support area. The current target for EURUSD will be to gradually advance towards the 1.10 resistance area before the next correction occurs as analyzed from the chart.
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