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Erususd

EUR/USD could move up! Hey tradomaniacs, looking at EUR/USD I could imagine to see another move up now right at the current support-zone. Previous momentum has not been able to break the support, and much effort plus narrow spread are showing a possible reversal. Additionally we see much volume in the market-depth with aggressive buyers who are currently collecting contracts. Still, fundamentals and the inflation-topic is the number 1 driver currently! So watch out!
by Trading2ez
Updated
33
SELL EURUSD againEURUSD faced a strong resistance at Fibo 50% and still inside the descending channel and under MA 200 on the other hand, the dollar index is bouncing from Fibo 61.8% and the ascending trendline (the yellow line) long term investor should place their stop loss above 1.11 Target1 should be placed at 1.09
Short
by Assem_Mansour
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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