EURUSD Fluctuates, Downside Risks Increase!
Hello everyone, today let's take a moment to reflect on the movements of EURUSD. Will it rise or fall? Here are some detailed insights and analysis from Alisa regarding this currency pair.
Currently, the uptrend of EURUSD has weakened, with the price fluctuating at 1.1159, down 0.15%. With the upcoming Fed meeting, the market is very cautious. If the Fed signals an interest rate hike, this could put pressure on the Euro and push the pair lower.
Looking at the chart, the trend seems to be shifting to a sideways move and possibly a decline. With support at 1.114, the pair will test resistance at 1.119. If it fails to break this resistance, the pair is likely to drop further.
That’s my analysis, what do you think?
Currently, the uptrend of EURUSD has weakened, with the price fluctuating at 1.1159, down 0.15%. With the upcoming Fed meeting, the market is very cautious. If the Fed signals an interest rate hike, this could put pressure on the Euro and push the pair lower.
Looking at the chart, the trend seems to be shifting to a sideways move and possibly a decline. With support at 1.114, the pair will test resistance at 1.119. If it fails to break this resistance, the pair is likely to drop further.
That’s my analysis, what do you think?
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.