EURUSD: Trading is filled with green
Updated
Hello dear friends! Do you think the price will go up or down today? Currently, EURUSD is holding its uptrend in the early trading hours of the new week, sitting at 1.094 and registering a 0.11% increase for the day, directly facing a resistance level at 1.095.
It is possible to argue that private sector business activity in the US is projected to slow down in November. In case the PMI results disappoint, the US Dollar (USD) may struggle to maintain its own recovery potential, thereby potentially acting as a direct catalyst for the recovery of the EURUSD pair!
It is possible to argue that private sector business activity in the US is projected to slow down in November. In case the PMI results disappoint, the US Dollar (USD) may struggle to maintain its own recovery potential, thereby potentially acting as a direct catalyst for the recovery of the EURUSD pair!
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