Long-term prediction of EURUSD in the near future
Updated
Hello everyone!
Today, the EURUSD continues to maintain its upward momentum from the previous decline at 1.049 level. The growth indicators continue to support this currency, although there may be a slight price adjustment in the short term.
The next step for EU is to surpass the resistance level of 1.0615, which is considered significant. After that, this can be seen as a strong support level that will help push prices higher, just as predicted by Fibonacci on the chart.
Today, the EURUSD continues to maintain its upward momentum from the previous decline at 1.049 level. The growth indicators continue to support this currency, although there may be a slight price adjustment in the short term.
The next step for EU is to surpass the resistance level of 1.0615, which is considered significant. After that, this can be seen as a strong support level that will help push prices higher, just as predicted by Fibonacci on the chart.
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What do you think about the market this week? Comment your thoughts and wishes.Comment
Today, the EUR/USD pair is struggling to find any meaningful upside momentum on the first day of the new week and is trading in a tight range around 1.0500 during the Asian session.Related publications
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