Dear friends, Currently, EURUSD continues to operate within a consolidation range with little change or signs of a new trend. The current price is trading around the 1.068 area, and this week it is expected to prioritize a downward movement with a long-term selling strategy as the USD strengthens, acting as a major resistance for this currency pair.
If EUR/USD remains unstable below the 1.0680 level, a valid scenario for price decline can occur, with potential targets at 1.060 and resistance level at 1.075.
If EUR/USD remains unstable below the 1.0680 level, a valid scenario for price decline can occur, with potential targets at 1.060 and resistance level at 1.075.
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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.