Prediction of EU price increase in the near future?
Brian greets you all!
Today, EURUSD continues to maintain its upward momentum from the previous decline at 1.049. The growth indicators continue to support this currency, although there may be a slight price correction in the short term.
The next step for the EU is to surpass the resistance level at 1.0615, which is considered significant. After that, it can be seen as a strong support level that will help drive the price higher, as predicted by Fibonacci on the chart
Today, EURUSD continues to maintain its upward momentum from the previous decline at 1.049. The growth indicators continue to support this currency, although there may be a slight price correction in the short term.
The next step for the EU is to surpass the resistance level at 1.0615, which is considered significant. After that, it can be seen as a strong support level that will help drive the price higher, as predicted by Fibonacci on the chart
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good luch
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Prices are increasing as indicated
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Today, the EUR/USD pair is struggling to find any meaningful upward momentum on the first day of the new week and is trading within a narrow range around the 1.0500 level during the Asian trading session.
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The EUR/USD lost over a hundred pips on Monday, resuming the downside that started on Friday's American session, dropping below 1.0500 to hit multi-month lows. The pair remains under pressure after the short-lived rebound.
