EURUSD is witnessing an impressive increase after a long decline, this pair of money has been stable around the threshold of 1,087 and has not shown signs of stopping.
Looking at the time frames, the strong growth trend of EURUSD brings clear optimism. However, the current pair of money is under the resistance level immediately at 1,088. The passing of this level will lead to an increase in price while maintaining this level will lead to decreasing prices.
With the current situation, it is likely that the 1,0857 milestone may be tested to check the reaction with EMA 34 and 89 lines before the market offers a more definitive direction.
The upcoming goal? 1,090 and further than 1,095. I wish you a lot of luck and profit!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.