EURUSD : Form a new level of support!
Hello, dear friends,
Today, EURUSD is experiencing a resurgence as the US Dollar weakens following yesterday's interest rate announcements from the Fed. The pair is currently trading at 1.093 and is expected to continue its upward trajectory now that it has completed its correction and rallied after retesting the two EMA lines.
If the momentum remains favorable, we could see this pair further climb, especially if it closes above the 1.100 resistance level. The next target to look out for would be the 1.110 peak.
Today, EURUSD is experiencing a resurgence as the US Dollar weakens following yesterday's interest rate announcements from the Fed. The pair is currently trading at 1.093 and is expected to continue its upward trajectory now that it has completed its correction and rallied after retesting the two EMA lines.
If the momentum remains favorable, we could see this pair further climb, especially if it closes above the 1.100 resistance level. The next target to look out for would be the 1.110 peak.
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