🛎EUR/USD Update :
👉 The latest statements from Iran and the US regarding easing geopolitical tensions and showing willingness for further peace negotiations are weakening the bullish momentum of the US dollar, as the USD continues to lose its safe-haven appeal.
📌 Technical Analysis:
👉 The bullish trend is expected to continue after price successfully broke above the 1.1756 resistance zone and keeps moving higher.
👉 However, the 1H RSI is currently in the overbought area, suggesting a possible short-term pullback before EUR/USD resumes its upward move toward 1.1835.
👉 In addition, the EMA 34, 89, and 200 remain aligned to the upside, continuing to support further bullish momentum.
🔥 Bias Today: BULLISH
Wishing you a successful trading day💰
👉 The latest statements from Iran and the US regarding easing geopolitical tensions and showing willingness for further peace negotiations are weakening the bullish momentum of the US dollar, as the USD continues to lose its safe-haven appeal.
📌 Technical Analysis:
👉 The bullish trend is expected to continue after price successfully broke above the 1.1756 resistance zone and keeps moving higher.
👉 However, the 1H RSI is currently in the overbought area, suggesting a possible short-term pullback before EUR/USD resumes its upward move toward 1.1835.
👉 In addition, the EMA 34, 89, and 200 remain aligned to the upside, continuing to support further bullish momentum.
🔥 Bias Today: BULLISH
Wishing you a successful trading day💰
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.