EURUSD climbs into five-week high
Hey lovely people!
Today, EUR/USD is flirting with its highest bid price since the end of January, swiftly breaking past the 1.0900 mark to touch 1.0915 before settling down a bit, yet it continues to climb from Wednesday. This pair is riding a wave of adjustment, but closing successfully above the 1.089 resistance and gaining momentum from the 1.085 support zone has opened up even greater opportunities for a price increase, eyeing a near-term target of 1.093 after wrapping up the trend correction.
Today, EUR/USD is flirting with its highest bid price since the end of January, swiftly breaking past the 1.0900 mark to touch 1.0915 before settling down a bit, yet it continues to climb from Wednesday. This pair is riding a wave of adjustment, but closing successfully above the 1.089 resistance and gaining momentum from the 1.085 support zone has opened up even greater opportunities for a price increase, eyeing a near-term target of 1.093 after wrapping up the trend correction.
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