Euro / Dollar ASPenjualan
EUR/USD Sideway Before Decline
EUR/USD hovers around the 1.0410 level in a quiet trading session due to the holiday season. On the 4-hour chart, the strong resistance zone at 1.0445 - 1.0450, reinforced by the EMA 89 (1.0459) and EMA 34 (1.0417), is limiting upward momentum. Meanwhile, the upward trendline near 1.0351 serves as a key support level.
If the price fails to break above 1.0450 and breaches the support at 1.0410, EUR/USD could drop to 1.0350. Conversely, breaking the 1.0450 resistance might push the pair toward 1.0480, although this is less likely due to low liquidity. Traders should monitor U.S. economic data for potential market moves.
If the price fails to break above 1.0450 and breaches the support at 1.0410, EUR/USD could drop to 1.0350. Conversely, breaking the 1.0450 resistance might push the pair toward 1.0480, although this is less likely due to low liquidity. Traders should monitor U.S. economic data for potential market moves.
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