EUR/USD continues to push higher in the first half of the week, approaching the key 1.1300 level following a sharp sell-off in the U.S. dollar. Growing trade tensions and renewed concerns about the U.S. economy have added further pressure on the greenback.
The 1.118 level, supported by the EMA 34 and EMA 89, is acting as a launchpad for this upward move. With bullish momentum in place, the next potential target lies at the 1.156 resistance zone.
📈 Wishing you a profitable and confident trading day ahead!
The 1.118 level, supported by the EMA 34 and EMA 89, is acting as a launchpad for this upward move. With bullish momentum in place, the next potential target lies at the 1.156 resistance zone.
📈 Wishing you a profitable and confident trading day ahead!
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