EURUSD: Slight decrease
Updated
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EURUSD rose quickly on Tuesday but quickly retreated when it approached the psychological level of 1.10. The current price is trading at 1.08990, indicating a slight downward trend.
The current resistance level for this currency pair is at 1.92. The price may continue to decrease to test the EMA 89 and regain momentum at 1.084 when the US Dollar Index weakens on Thursday, providing support for this currency pair.
EURUSD rose quickly on Tuesday but quickly retreated when it approached the psychological level of 1.10. The current price is trading at 1.08990, indicating a slight downward trend.
The current resistance level for this currency pair is at 1.92. The price may continue to decrease to test the EMA 89 and regain momentum at 1.084 when the US Dollar Index weakens on Thursday, providing support for this currency pair.
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