The EUR/USD pair has recently shown signs of weakening after reaching key resistance zones around 1.0900 and 1.0850. With the U.S. dollar holding strong due to solid economic data and market expectations of further tightening from the Federal Reserve, the euro appears to be struggling under the weight of weaker economic performance in the Eurozone.
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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.