Hello dear friends!
Today, EURUSD continues to trade quietly around the resistance area of 1.0577, and it seems that there is no clear trend in place for the day.
However, from the chart analysis, Karina noticed that the price of EURUSD is gradually narrowing along with the movement within the range of the EMA 34 and 89. Therefore, the price is not expected to change much in the near future, with trading anticipated to be within the range of 1.060 - 1.052.
A breakout could lead to significant changes for EURUSD, but it is unlikely to happen this week. What do you think, will EURUSD rise or fall?
Today, EURUSD continues to trade quietly around the resistance area of 1.0577, and it seems that there is no clear trend in place for the day.
However, from the chart analysis, Karina noticed that the price of EURUSD is gradually narrowing along with the movement within the range of the EMA 34 and 89. Therefore, the price is not expected to change much in the near future, with trading anticipated to be within the range of 1.060 - 1.052.
A breakout could lead to significant changes for EURUSD, but it is unlikely to happen this week. What do you think, will EURUSD rise or fall?
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