Hello EURUSD observers!
The currency pair ended the week on a gentle note, hovering around the 1.0789 level with a strong downward trend. It seems unaffected by the US PCE inflation data and maintains a stable trajectory.
Looking ahead, I predict that the EURUSD exchange rate will continue to decline, with an immediate stop at 1.076. The EMA lines at 34 and 89 indicate a trend for further downturns!
The currency pair ended the week on a gentle note, hovering around the 1.0789 level with a strong downward trend. It seems unaffected by the US PCE inflation data and maintains a stable trajectory.
Looking ahead, I predict that the EURUSD exchange rate will continue to decline, with an immediate stop at 1.076. The EMA lines at 34 and 89 indicate a trend for further downturns!
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