EURUSD adds to Thursday’s small gains and flirts with the key 1.0880 region at the end of the week.
The continuation of the upward bias could challenge the immediate up-barrier at 1.0900 ahead of the weekly high of 1.0945 (August 30). Once the latter is cleared, spot could challenge the psychological threshold of 1.1000.
So far, while above the significant 200-day SMA, today at 1.0804, the pair’s outlook should remain constructive.
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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.